HKEX Tech 100 adds Pony AI, WeRide in index revamp targeting AI stocks
SCMP·- Hong Kong Exchanges and Clearing will add 10 companies, including Pony AI and WeRide, to its Tech 100 Index on September 14 as part of a quarterly reshuffle targeting AI and emerging technologies. - The revision follows an overhaul of the index methodology to broaden exposure to the AI value chain and address criticism that existing benchmarks lag behind new Chinese AI firms. - A total of 14 constituents, such as Alibaba Health and JD Health, will be removed during this index update.HKEX Tech 100 Index Quarterly Review Adds 10 Stocks Including WERIDE-W , PONY-W , INSILICO ; Removes 14 Stocks Including CHINA LIT , JD HEALTH
AASTOCKS News·- HKEX announced the results of the September quarterly review for the HKEX Tech 100 Index using an optimized compilation methodology. - The index will add 10 constituent stocks including WERIDE - W, PONY - W, and INSILICO, while removing 14 stocks such as CHINA LIT and JD HEALTH. - All constituent changes will be implemented after market close on September 11 and take effect on September 14.WeRide Has Miles To Go
benzinga_article·WeRide CEO Calls Its Tech Comparable To Tesla FSD
benzinga_article·- WeRide reported second-quarter financial results with revenue jumping 92% to $34.15 million and a flat loss per share of 18 cents. - The company experienced significant growth driven by L4 autonomous driving, advanced driver-assistance systems, and an overseas revenue surge of 164%. - CEO Tony Han expressed a desire for a head-to-head comparison in China between its technology and Tesla's FSD.