WeRide-W Receives Sustained 'Buy' Recommendation and Inclusion in Southbound Stock Connect

Deep News06-11

An analysis report has been published, stating that WeRide-W (00800) has demonstrated robust capabilities for large-scale commercial deployment and is evolving into an integrated platform encompassing "autonomous driving technology solutions and comprehensive smart mobility services." The report forecasts the company's revenue for 2026-2028 to be 1.041 billion yuan, 1.821 billion yuan, and 2.872 billion yuan, respectively. Based on the closing price of 16.64 Hong Kong dollars on June 10, 2026, the corresponding price-to-sales ratios for 2026-2028 are estimated at 14.3x, 8.2x, and 5.2x. Consequently, the 'Buy' rating has been maintained.

On June 3rd, the company's Hong Kong shares were officially added to the list of securities eligible for the Southbound Stock Connect program, with the inclusion taking effect from June 4th. This development allows eligible mainland investors to directly trade the company's Hong Kong shares through the Stock Connect scheme, which is expected to significantly enhance the accessibility and market liquidity of its Hong Kong-listed shares and broaden its investor base. The company's journey from its Nasdaq listing in October 2024, where it became the "first global Robotaxi stock," to its dual primary listing on the Hong Kong Stock Exchange in November 2025, establishing itself as the first autonomous driving company with such a structure, and now its inclusion in the Stock Connect program, has successfully built a diversified financing system that spans major global capital markets.

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