News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<IPO>Pony AI (PONY.US) Files Confidential Listing Application in HK, 1st Case Ever Under TECH: Wire
Chinese autonomous driving startup Pony AI (PONY.US) has submitted a confidential listing application to the Hong Kong Stock Exchange and may go public within this year, Bloomberg ...
Reset
Send
The window will close in 5 seconds
<IPO>Pony AI (PONY.US) Files Confidential Listing Application in HK, 1st Case Ever Under TECH: Wire
Close
Recommend
17
Positive
22
Negative
16
 
SHORT SELL
 
STOCK INFO

Chinese autonomous driving startup Pony AI (PONY.US)      has submitted a confidential listing application to the Hong Kong Stock Exchange and may go public within this year, Bloomberg News reported, citing sources familiar with the matter.

Pony AI is believed to be the first company to file a confidential listing application since the Securities and Futures Commission and the Hong Kong Stock Exchange launched the technology enterprises channel (TECH) earlier this month, according to the report. However, the size of the offering has yet to be determined.

Related NewsCiti: CN-US Trade Risks Reduced; Bullishness on CN/ HK Equities Reiterated
Pony AI chose to confidentially file for a listing mainly because it hopes to reduce the impact on its US stock when applying for its listing in Hong Kong, the report added.

In March this year, there were market rumors saying that Pony AI was preparing to launch a Hong Kong listing plan, but the company later clarified to Chinese media that it had no plans for a secondary listing in Hong Kong for the time being.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.