US Stock Market Move | EHang Holdings Ltd. Sponsored ADR Class A (EH.US) rose more than 7%. The company partners with the University of Zaragoza and the University of Guangzhou to jointly build a Low-Altitude Flight Safety Joint Laboratory.

On Wednesday, EHang Holdings Ltd. Sponsored ADR Class A (EH.US) rose over 7% to $22.63. In terms of news, EHang Holdings Ltd. Sponsored ADR Class A announced the signing of a cooperation memorandum with the University of Zaragoza in Spain and Guangzhou University in China. The three parties will collaborate to establish a joint low-altitude flight safety laboratory, promoting innovative research in the field of low-altitude economy and intelligent aerial traffic management, aiming to provide solid support for the development of urban air traffic worldwide.