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BIDU-SW Once Slips ~4% Amid Reports of CN Halting Autonomous Driving Permit Issuance
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BIDU-SW (09888.HK) opened up 1.3% this morning (29th), but its momentum started diminishing at around 11:30 am. It once sank by 3.9% to a bottom of HKD118.5. It last traded at HKD120.6, down 2.2%, with a turnover of HKD983 million. According to a Bloomberg report, China has suspended the issuance of new high-level autonomous driving permits after BIDU-SW's Apollo Go Robotaxis experienced a large-scale malfunction in Wuhan last month. It remains unclear how long this suspension will last. Auto-translated by AI AASTOCKS Financial News |
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