US Stock Movement | WeRide rises over 6% officially entering the sprint stage for Hong Kong stock listing
On Thursday, WeRide rose over 6%, closing at $10.47. In terms of news, recently, the "world's first Robotaxi stock" WeRide officially entered the sprint phase for its Hong Kong stock listing after passing the Hong Kong Stock Exchange hearing. This listing will establish a dual capital platform of "U.S. stocks + Hong Kong stocks," further solidifying its leading position in the trillion-dollar autonomous driving mobility market. As a benchmark enterprise in the global autonomous driving field, WeRide's global layout has formed significant barriers. According to WeRide, its products have obtained autonomous driving licenses in seven countries, including China, the United States, France, the United Arab Emirates, Singapore, Saudi Arabia, and Belgium, and have conducted testing and operations in 30 cities across 11 countries, with safe operation days exceeding 2,200 days. Currently, the technology for autonomous ride-hailing has achieved a breakthrough from "0 to 1." In terms of finance, WeRide's revenue in the second quarter reached 127 million yuan, a year-on-year increase of 60.8%, with revenue from autonomous ride-hailing business reaching 45.9 million yuan, a staggering year-on-year increase of 836.7%, setting a new quarterly high since the company's establishment. In Abu Dhabi, United Arab Emirates, its autonomous vehicle fleet has reached three times the size projected for 2024
According to Zhitong Finance APP, on Thursday, WeRide (WRD.US) rose over 6%, closing at $10.47. Recently, the "world's first Robotaxi stock" WeRide officially entered the sprint phase for its Hong Kong stock listing after passing the Hong Kong Stock Exchange hearing. This listing will establish a dual capital platform of "U.S. stocks + Hong Kong stocks," further solidifying its leading position in the trillion-dollar autonomous driving mobility market.
As a benchmark enterprise in the global autonomous driving field, WeRide's global layout has formed significant barriers. According to WeRide, its products have obtained autonomous driving licenses in seven countries, including China, the United States, France, the United Arab Emirates, Singapore, Saudi Arabia, and Belgium, and have conducted testing and operations in 30 cities across 11 countries, with safe operation days exceeding 2,200 days. Currently, the autonomous ride-hailing technology has achieved a breakthrough from "0 to 1."
In terms of finance, WeRide's revenue in the second quarter reached 127 million yuan, a year-on-year increase of 60.8%, of which the revenue from autonomous ride-hailing business was 45.9 million yuan, a staggering increase of 836.7% year-on-year, setting a new quarterly record since the company's establishment. In Abu Dhabi, United Arab Emirates, its autonomous vehicle fleet has reached three times the size of 2024
