Chinese Autonomous‑Driving Startup Pony AI Prepares HK$139 per Share IPO to Raise $863 Million

Pony AI Inc., a Chinese autonomous‑driving company, is moving toward a Hong Kong special administrative region listing that is expected to raise HK$6.7 billion (US$863 million).

Pricing and Market Position

According to multiple sources, the company has set its offer price at HK$139 per share. This price represents roughly a 4.3 % discount to the Nasdaq closing price of US$18.68 (HK$145.19) on 31 October 2025.

The IPO will offer 41.9557 million shares. About 10 % of the shares will be available to the Hong Kong public, while roughly 90 % will be offered internationally. The maximum price for any share is capped at HK$180.

Timing and Sponsors

Offer closing: 3 November 2025, noon
Expected listing date: Thursday, 6 November 2025
Joint sponsors: Goldman Sachs, Bank of America Securities, Deutsche Bank, and Huatai International

The entry fee for a board lot of 100 shares was HK$18,181.54.

Market Context

Pony AI’s filing indicates that it aims to secure substantial capital while positioning its valuation slightly below its Nasdaq listing. The discount strategy is intended to attract both domestic and international investors in the highly competitive autonomous‑driving sector.

All figures are sourced from statements to prospective investors and reported by reputable financial outlets, including China Daily HK, Bloomberg, and AASTocks.