11:38 AM EST, 11/04/2025 (MT Newswires) -- WeRide ( WRD ) shares fell by more than 11% in recent trading Tuesday after the company priced a global offering of 88.25 million Class A shares at HK$27.10 each (about $10.36 per ADS), including both international and Hong Kong public tranches.

The autonomous driving technology company's shares are set to begin trading on the Hong Kong Stock Exchange's Main Board under code 0800 on

Thursday, with closing expected the same day.

Gross proceeds are expected to total HK$2.39 billion ($305 million) before expenses, rising to HK$2.75 billion if the over-allotment option is fully exercised, the company said.

Proceeds will be used to enhance its autonomous driving technology, expand operations, and fund marketing and general corporate needs, the company said.

Price: 9.62, Change: -1.29, Percent Change: -11.79