Weride plans to raise $308 million in a hong kong ipo, which will boost its international expansion and technology development. China’s weride to raise $308m in hong kong ipo weride plans to raise hk$2.4 billion (us$308 million) through a hong kong share sale, according to sources familiar with the deal. Chinese autonomous vehicle company weride intends to sell its shares in hong kong for hk$27.10 each in an effort to raise hk$2.39 billion (us$307.7 million) through an ipo The anticipated cost is over 4% less than weride’s monday close of $10.90 on the nasdaq.
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