HK Stock Market Move | PONY-W(02026) opened more than 5% higher in the third quarter with a 72% year-on-year growth in total revenue. Profit from city-level single bike operations turned positive.

PONY-W(02026) opened more than 5% higher, rising 5.61% to 101.6 Hong Kong dollars with a trading volume of 1.7983 million Hong Kong dollars as of the time of writing. On the news front, on November 25th, Pony.ai released its third-quarter financial report for 2025, announcing that its seventh-generation Robotaxi in Guangzhou had achieved single-car profitability, and the company would surpass its goal of 1,000 Robotaxis ahead of schedule, expanding to over 3,000 by the end of 2026. The company generated total revenue of 181 million RMB in the third quarter, a year-on-year increase of 72%, marking three consecutive quarters of revenue growth. Revenue from the Robotaxi business in the third quarter reached 47.7 million RMB, an 89.5% year-on-year increase, with passenger fare revenue seeing a more than 200% increase. As of the end of the quarter, the company had a total of 4.184 billion RMB in cash and cash equivalents, short-term investments, restricted cash, and long-term debt-based financial products; with at least 6 billion RMB in additional cash raised since its listing on the Hong Kong Stock Exchange, the funds will be used to accelerate mass production and commercialization of self-driving vehicles, technology research and development, and market expansion. Through partnerships with global travel companies such as Uber and ComfortDelGro, Pony.ai's Robotaxi business deployment and fleet testing have already covered 8 countries.