Nov 4 (Reuters) -

Chinese autonomous-driving firm WeRide ( WRD ) on Tuesday

set the final offer price for its Hong Kong share sale at

HK$27.10 per share, saying it expects to raise HK$2.39 billion

($307.69 million) from the listing.

The Guangzhou-based company said it will offer about

88.3 million shares at HK$27.10 each and expects trading to

begin on the Hong Kong Stock Exchange on Thursday, November 6.

WeRide ( WRD ) priced the deal below the maximum price of HK$35

per share outlined in a

prospectus

filed on October 27. Bloomberg first reported pricing

guidance on Monday.

Reuters reported last month that WeRide ( WRD ) tapped Morgan

Stanley ( MS ) and China International Capital Corp

to lead its planned dual primary listing in Hong Kong, citing

three sources familiar with the matter. It was listed on Nasdaq

in October 2024.

The share sale comes amid growing investor appetite for

next-generation mobility and as a slew of U.S.-listed Chinese

companies seek to raise capital via secondary listings in Hong

Kong.

The trend is partly driven by concerns over potential

forced delistings from U.S. exchanges as trade relations between

the world's two largest economies deteriorate.

Founded in 2017, WeRide ( WRD ) develops autonomous-driving

technology and operates robotaxi services in China and

internationally, according to its official website and

announcements.

Rival Pony AI has set the final offer price for its

Hong Kong listing at HK$139 per share, according to a filing

with the exchange on Monday.

($1 = 7.7675 Hong Kong dollars)