Autonomous Driving Concept Stocks Watch | BIDU-W (09888.HK) Strengthens in Afternoon Trading; 19 Specialised Technology Firms Raise HK$36.2 Billion via IPOs
- 19 specialised technology companies have completed IPOs under Chapter 18C this year, raising a total of HK$36.2 billion.
- BIDU-W (09888.HK) Focuses on the R&D of L4 autonomous driving algorithms and the commercialization of unmanned Robotaxis.
NewTimeSpace News: On October 9, 2026,BIDU-W(09888.HK) trended upward. As of 13:59, it traded at HK$83.25, up 1.34%.
According to National Business Daily, on October 8, Pony.ai and ride-hailing platform Uber announced plans to introduce their 7th-generation Robotaxi to London, UK, with road tests scheduled to start in the coming weeks.
Securities Daily reported that 19 specialised technology companies have completed IPOs under Chapter 18C this year, raising a total of HK$36.2 billion. These enterprises cover sectors including robotics, autonomous driving and quantum technology.
BIDU-W (09888.HK) Focuses on the R&D of L4 autonomous driving algorithms and the commercialization of unmanned Robotaxis. Leveraged by the ERNIE foundational model and optimized by the Qianfan compute base, its "Apollo Go" autonomous ride-hailing service has achieved large-scale, normalized commercial operations across multiple core cities in China, with cumulative autonomous test mileage exceeding hundreds of millions of kilometers. Through high-frequency, high-confidence real-world road test data cleansing, the company continues to solidify the most robust data asset and algorithmic moat within the HKEX autonomous driving sector.
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