David Morris / Bloomberg:
Chinese self-driving company WeRide’s shares closed up 6.8% at $16.55, giving a market cap of ~$4.5B, after raising $440.5M in a US IPO and private placement — The Guangzhou-based company’s ADS pared initial gains to close at $16.55 on Friday in New York, above the IPO price of $15.50 apiece.
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