Chinese autonomous driving firm WeRide taps banks for Hong Kong listing, sources say

Core Viewpoint - Chinese autonomous driving firm WeRide is preparing for a secondary listing in Hong Kong, having engaged Morgan Stanley and China International Capital Corp (CICC) for this process [1] Company Summary - WeRide has taken steps to expand its market presence by planning a secondary listing, indicating confidence in its growth potential and the attractiveness of the Hong Kong market for capital raising [1] Industry Summary - The move reflects a broader trend in the autonomous driving sector, where companies are seeking additional funding avenues to support innovation and expansion in a competitive landscape [1]