Particle.news
Download on the App Store

WeRide Sets Hong Kong Listing Price at HK$27.10, Targeting HK$2.39 Billion

The listing underscores a shift of Chinese tech issuers toward Hong Kong to diversify market exposure.

Overview

  • WeRide finalized its Hong Kong offer at HK$27.10 per share and expects to raise about $307.7 million.
  • The company will offer roughly 88.3 million shares, below the HK$35 per-share ceiling set in its October 27 prospectus.
  • Trading is expected to begin on the Hong Kong Stock Exchange on Thursday, November 6.
  • Morgan Stanley and China International Capital Corp are leading the deal, according to earlier Reuters reporting.
  • Rival Pony.ai set a final Hong Kong offer price of HK$139 per share, reflecting ongoing investor interest in next‑generation mobility listings.