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WeRide eyes Hong Kong IPO

Bangkok Post

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October 15, 2025

Chinese autonomous driving firm WeRide has hired Morgan Stanley and China International Capital Corp (CICC) to work on a secondary listing in Hong Kong, three sources with knowledge of the matter said.

- YANTOULTRA NGUI KANE WU

The Guangzhou-based company, which listed on Nasdaq in October 2024, is seeking regulatory approval in both Beijing and Hong Kong for the share sale after filing confidentially with the Hong Kong Stock Exchange, the sources said.

Details of the offering, including its size, have not been finalised, said two of the sources. The Nasdaq-listed company has a market value of about $3 billion as of Monday's market close.

"WeRide is unable to comment on queries regarding a potential listing," the company said in an emailed statement to Reuters yesterday. "We remain focused on executing our business strategy and delivering value to our stakeholders."

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