WERIDE-W (00800.HK) +0.360 (+1.565%) is a technological pioneer and commercial first-mover in the global L4 autonomous driving sector, according to China Merchants Securities (CMS)'s research report. The global robotaxi industry is currently at a turning point, and the Company is poised to expand its competitive advantage through its superior overseas commercialization, comprehensive product matrix layout and technological & hardware reserves.CICC was optimistic about the Company's positioning and growth potential in the robotaxi industry, and initiated coverage on WERIDE-W with rating at Overweight.(HK stocks quote is delayed for at least 15 mins.)