New stock news | Pony.ai will start IPO today. It plans to be listed on the Hong Kong Stock Exchange next week as the "first global Robotaxi stock".

On October 28, the leading Chinese autonomous driving company Pony.ai (02026) launched its IPO in Hong Kong. The IPO plans to sell approximately 41.96 million shares, with around 4.2 million shares being sold to the public in Hong Kong, accounting for 10%, and approximately 37.76 million shares being sold internationally, accounting for 90%. There is also a 15% overallotment option and a 15% greenshoe option. The offer price per share will not exceed 180.00 Hong Kong dollars, with a lot size of 100 shares. Based on the closing price of $18.46 on October 24 in the US stock market, the maximum fundraising amount corresponds to approximately $1.02 billion US dollars. Pony.ai is expected to be listed on the Hong Kong Stock Exchange on November 6. The IPO has successfully attracted many top international investment institutions, including Eastspring, as cornerstone investors, with a total subscription amount of $120 million. Pony.ai will also have multiple strategic investors participating in anchor investments. In November 2024, Pony.ai was listed on the Nasdaq, becoming the first global Robotaxi stock. After this successful listing, Pony.ai will establish a dual-primary listing structure of "US stock + Hong Kong stock," injecting key capital power into the long-term competition in the autonomous driving field.