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WeRide Targets HK$2.39 Billion in Hong Kong IPO at HK$27.10 Per Share

Chinese autonomous driving company WeRide plans to price its Hong Kong share offering at HK$27.10 per share, aiming to raise HK$2.39 billion ($307.7 million), Bloomberg News reported Tuesday.

The Nasdaq-listed firm, which debuted in October 2024, appointed Morgan Stanley and China International Capital Corp to lead its planned dual primary listing in Hong Kong, Reuters reported last month, citing sources familiar with the matter.

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