Chinese transportation app makes its debut on HKSE

A Chinese mobile transportation app has made its debut on the main board of the Hong Kong Stock Exchange, marking the first stock in autonomous driving operation technology. Ontime, established by GAC Group and Tencent in 2019, with Pony.ai as a strategic shareholder, offers mobility services, technical solutions, and support for drivers and fleet operators. CEO Jiang Hua stated that the company aims to further establish its presence in the autonomous driving sector and accelerate the commercial deployment of this technology.