Pony AI Inc. priced its Hong Kong secondary listing at HK$139 per share, equivalent to about US$17.90, following the China Securities Regulatory Commission’s filing notice issued on October 14, 2025.
The pricing decision follows the company’s Nasdaq listing in November 2024 and is intended to raise capital and broaden its investor base in Asia. The secondary listing is expected to be completed around November 6, 2025.
In its most recent quarter, Pony AI reported Q2 2025 revenue of $21.5 million, a 76% increase from the same period in 2024, driven largely by robotaxi operations. However, the company’s net loss widened to $275 million for the full year 2024, up from $125.3 million in 2023, reflecting ongoing investment in technology and fleet expansion.
CEO Dr. James Peng emphasized that the dual‑listing strategy will support the company’s plan to scale robotaxi services in major Chinese cities and expand partnerships with OEMs such as Stellantis, while also positioning Pony AI for future growth in global markets.
The Hong Kong listing aligns with recent regulatory changes designed to attract high‑growth technology firms and provides Pony AI with additional liquidity to fund research and development of its “Virtual Driver” technology and seventh‑generation fleet.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.