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Stock impact report

WeRide (WRD) Loses 13.7% Ahead of HK Listing [Yahoo! Finance]

WeRide Inc. - American Depositary Shares (WRD) 
Last weride inc. - american depositary shares earnings: 11/7 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.wildhorserd.com
Company Research Source: Yahoo! Finance
WeRide snapped a two-day winning streak on Tuesday, shedding 13.72 percent to close at $9.40 apiece as investors went on a wait-and-see mode for its performance amid this week's official listing on the Hong Kong Stock Exchange. In a statement, WeRide Inc. (NASDAQ:WRD) said it would officially debut on the HKEX on Thursday, November 6, joining other US-listed Chinese firms that sought a dual listing to mitigate risks of getting delisted from US exchanges. It would trade under the stock code “0800.” WeRide (WRD) Loses 13.7% Ahead of HK Listing According to WeRide Inc. (NASDAQ:WRD), it would issue more than 88.25 million Class A shares, comprising international and Hong Kong shares. The final price for both offerings was set at HK$27.10 apiece, or $10.36 per ADS, or a potential to raise $308 million. Proceeds from the offer will be used to develop its autonomous driving technology stack, accelerate the commercial mass production and/or operation of L4 fleets, enhance the quali Show less Read more
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