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BIDU-SW Once Slips ~4% Amid Reports of CN Halting Autonomous Driving Permit Issuance
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BIDU-SW (09888.HK) opened up 1.3% this morning (29th), but its momentum started diminishing at around 11:30 am. It once sank by 3.9% to a bottom of HKD118.5. It last traded at HKD120.6, down 2.2%, with a turnover of HKD983 million. According to a Bloomberg report, China has suspended the issuance of new high-level autonomous driving permits after BIDU-SW's Apollo Go Robotaxis experienced a large-scale malfunction in Wuhan last month. It remains unclear how long this suspension will last. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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