CLSA Initiates Coverage on PONY-W and WERIDE-W with "Outperform" Ratings

Deep News06-03 16:11

CLSA has released a research report stating that the fleet expansion plans for mainland autonomous taxi operators are progressing steadily, despite some turbulence in domestic licensing and temporary setbacks in Middle Eastern operations.

The brokerage has initiated coverage on the H-shares of PONY-W (ASX: 02026) and WERIDE-W (ASX: 00800), assigning both an "Outperform" rating. Their respective price targets are set at HK$125 and HK$29.

Both companies are potential candidates for inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, which could bring in fresh capital inflows.

Additionally, the report notes that HORIZONROBOT-W (ASX: 09660) requires a clearer development roadmap to support its long-term value, and CLSA maintains its "Outperform" rating on the stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1149129401?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-03 16:11","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1149129401","market":"sg","top_or_hot":-1,"title":"CLSA Initiates Coverage on PONY-W and WERIDE-W with \"Outperform\" Ratings","media":"Deep News","content":"<p>CLSA has released a research report stating that the fleet expansion plans for mainland autonomous taxi operators are progressing steadily, despite some turbulence in domestic licensing and temporary setbacks in Middle Eastern operations.<br><br>The brokerage has initiated coverage on the H-shares of <b>PONY-W</b> (<b>ASX: 02026</b>) and <b>WERIDE-W</b> (<b>ASX: 00800</b>), assigning both an \"Outperform\" rating. Their respective price targets are set at HK$125 and HK$29.<br><br>Both companies are potential candidates for inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, which could bring in fresh capital inflows.<br><br>Additionally, the report notes that <b>HORIZONROBOT-W</b> (<b>ASX: 09660</b>) requires a clearer development roadmap to support its long-term value, and CLSA maintains its \"Outperform\" rating on the stock.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CLSA Initiates Coverage on PONY-W and WERIDE-W with \"Outperform\" Ratings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCLSA Initiates Coverage on PONY-W and WERIDE-W with \"Outperform\" Ratings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-06-03 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>CLSA has released a research report stating that the fleet expansion plans for mainland autonomous taxi operators are progressing steadily, despite some turbulence in domestic licensing and temporary setbacks in Middle Eastern operations.<br><br>The brokerage has initiated coverage on the H-shares of <b>PONY-W</b> (<b>ASX: 02026</b>) and <b>WERIDE-W</b> (<b>ASX: 00800</b>), assigning both an \"Outperform\" rating. Their respective price targets are set at HK$125 and HK$29.<br><br>Both companies are potential candidates for inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, which could bring in fresh capital inflows.<br><br>Additionally, the report notes that <b>HORIZONROBOT-W</b> (<b>ASX: 09660</b>) requires a clearer development roadmap to support its long-term value, and CLSA maintains its \"Outperform\" rating on the stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00800","symbol_name":"文远知行-W","start_time":0,"source_url":"","article_id":"1149129401","we_media_id":"1039043262","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1149129401","pubTimestamp":1780474303,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Deep News","introduction":"Global Stock Market Deep Analysis","home_visible":1,"id":"1039043262","head_image":"https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922"},"summary":"CLSA has released a research report stating that the fleet expansion plans for mainland autonomous taxi operators are progressing steadily, despite some turbulence in domestic licensing and temporary...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00800":"文远知行-W","BK1229":"房地产经营公司","BK1531":"手游股","BK1109":"应用软件","02026":"小马智行-W","WRD":"文远知行","09660":"地平线机器人-W","BK1144":"机动车零配件与设备","BK1258":"房地产运营公司","PONY":"小马智行","SG9999001093.SGD":"United Greater China Fund A Acc SGD","BK1104":"互动家庭娱乐"},"translate_title":"里昂证券首次对小马智行和文远知行-W给予“跑赢大盘”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02026":1,"WRD":1,"00800":1,"PONY":1,"09660":1},"content_text":"CLSA has released a research report stating that the fleet expansion plans for mainland autonomous taxi operators are progressing steadily, despite some turbulence in domestic licensing and temporary setbacks in Middle Eastern operations.The brokerage has initiated coverage on the H-shares of PONY-W (ASX: 02026) and WERIDE-W (ASX: 00800), assigning both an \"Outperform\" rating. Their respective price targets are set at HK$125 and HK$29.Both companies are potential candidates for inclusion in the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs, which could bring in fresh capital inflows.Additionally, the report notes that HORIZONROBOT-W (ASX: 09660) requires a clearer development roadmap to support its long-term value, and CLSA maintains its \"Outperform\" rating on the stock.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1149129401","isCrawlerRequest":true}