BRIEF: Hesai jumps in Hong Kong trading debut
Shares of autonomous driving technology company Hesai Group (2525.HK; HSAI.US) opened up 7.7% in their Hong Kong trading debut on Tuesday, and continued to rise during the morning to close up…
ECARX reports its first profit, expects added revenue from Volkswagen tie-up
The maker of digital cockpits used in smartcars reported its revenue rose 4% in the fourth quarter, as one of its main profit metrics turned positive for the first time…
Horizon Robotics debuts strongly, fueled by autonomous driving boom
The autonomous driving technology company will use proceeds from its IPO to capture market opportunities to further drive its revenue and margin growth Key Takeaways: Horizon Robotics raised HK$5.41 billion…
Momenta accelerates its drive towards U.S. listing
The company is the latest from China’s increasingly crowded autonomous driving technology sector to seek funds from an overseas IPO Key Takeaways: China’s securities regulator has approved Momenta's plan for…
Zongmu joins autonomous driving queue at Hong Kong IPO tollgate
The maker of autonomous parking solutions is unlikely to impress investors with its big losses and anemic 6% revenue growth last year Key Takeaways: Zongmu Technology has filed to list…
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