{"id":265677,"date":"2025-11-06T03:39:09","date_gmt":"2025-11-06T03:39:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/265677\/"},"modified":"2025-11-06T03:39:09","modified_gmt":"2025-11-06T03:39:09","slug":"pony-ai-debut-hong-kong-weride-ai-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/265677\/","title":{"rendered":"Pony.ai debut, Hong Kong, WeRide, AI stocks"},"content":{"rendered":"<p>Hong Kong Skyline<\/p>\n<p>Nikada | E+ | Getty Images<\/p>\n<p>Asia-Pacific markets rose Thursday, tracking Wall Street gains after <a href=\"https:\/\/www.cnbc.com\/quotes\/AMD\/\" rel=\"nofollow noopener\" target=\"_blank\">AMD&#8217;s<\/a> third-quarter earnings beat lifted artificial intelligence stocks.<\/p>\n<p>Japan&#8217;s benchmark <a href=\"https:\/\/www.cnbc.com\/quotes\/.N225\/\" rel=\"nofollow noopener\" target=\"_blank\">Nikkei 225<\/a> index was up 1.45%, while the Topix index climbed 1.11%. Shares of SoftBank, which fell 10% on Wednesday, recouped losses to gain 1.5%. Artificial intelligence-related companies were also trading higher, with Advantest, which supplies testing equipment to Nvidia, rising 3.73% while chip equipment maker Disco Corp added 4.59%.<\/p>\n<p>South Korea&#8217;s Kospi index pared early gains to trade near the flatline, after declining in the previous session. Shares of Nvidia-supplier SK Hynix were up 3.11%.<\/p>\n<p>The small-cap Kosdaq reversed course, falling 0.52%.<\/p>\n<p>Australia&#8217;s ASX\/S&amp;P 200 rose 0.28%.<\/p>\n<p>Hong Kong&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.HSI\/\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng Index<\/a> rose 0.72%, while the mainland&#8217;s CSI 300 was flat in early trading.<\/p>\n<p>Shares of Chinese autonomous vehicle firms <a href=\"https:\/\/www.cnbc.com\/quotes\/WRD\/\" rel=\"nofollow noopener\" target=\"_blank\">WeRide<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/PONY\/\" rel=\"nofollow noopener\" target=\"_blank\">Pony.ai<\/a> fell over 12% and nearly 8%, respectively, in their <a href=\"https:\/\/www.cnbc.com\/2025\/11\/06\/china-ponyai-weride-ipo-shares-market-debut.html\" rel=\"nofollow noopener\" target=\"_blank\">market debut<\/a> in Hong Kong. Both companies are already listed in the United States.<\/p>\n<p>Pony.ai raised gross proceeds of HK$6.7 billion (about $860 million) in its IPO, according to a <a href=\"https:\/\/www1.hkexnews.hk\/listedco\/listconews\/sehk\/2025\/1103\/2025110303788.pdf\" target=\"_blank\" rel=\"nofollow noopener\">filing<\/a>. WeRide <a href=\"https:\/\/www1.hkexnews.hk\/listedco\/listconews\/sehk\/2025\/1105\/2025110502014.pdf\" target=\"_blank\" rel=\"nofollow noopener\">raised HK$2.4 billion<\/a>.<\/p>\n<p>U.S. equity futures were little changed in early Asian hours after the Supreme Court expressed skepticism over President Donald Trump&#8217;s tariffs, and as AI stocks recovered following a sell-off on valuation concerns.<\/p>\n<p>Overnight, the\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a>\u00a0gained 225.76 points, or 0.48%, to close at 47,311.00. The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.SPX\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P 500<\/a>\u00a0rose 0.37% to finish at 6,796.29, while the Nasdaq Composite advanced 0.65% to settle at 23,499.80.<\/p>\n<p>\u2014 CNBC&#8217;s Sean Conlon and Sarah Min contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Hong Kong Skyline Nikada | E+ | Getty Images Asia-Pacific markets rose Thursday, tracking Wall Street gains after&hellip;\n","protected":false},"author":2,"featured_media":265678,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[23645,256,254,255,9073,64,63,1053,174,50426,65396,9067,5626,171,9070,37614,155299,105,37615,17263,9072],"class_list":["post-265677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-advanced-micro-devices-inc","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-asia-economy","tag-au","tag-australia","tag-breaking-news-markets","tag-business-news","tag-central-banking","tag-currency-markets","tag-hang-seng-index","tag-interest-rates","tag-markets","tag-nikkei-225-index","tag-pony-ai-inc","tag-stock-listings","tag-technology","tag-weride-inc","tag-world-economy","tag-world-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/265677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=265677"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/265677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/265678"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=265677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=265677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=265677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}