"China's first Robotaxi share" Chenqi Technology successfully landed on the Hong Kong Stock Exchange
2024-07-12

On July 10, 2024, Chenqi Technology Limited ("Ruqi Travel") (09680.HK) was successfully listed on the Main Board of the Stock Exchange of Hong Kong.

 

Chenqi Technology is a travel service company in China, which mainly provides online car-hailing services and is committed to connecting various participants in the travel industry by building a multi-dimensional travel service system. The company not only provides travel services, but also focuses on the technical services of artificial intelligence data and model solutions and high-precision maps. The company has now become the first travel service platform in the world to launch the commercial hybrid operation of manned online ride-hailing and Robotaxi services, and is "the first share of China's Robotaxi".

 

In this listing, Haiwen and Clifford Chance acted as the company's lawyers in China, Hong Kong and the United States respectively; KWM was a data compliance lawyer in China; Commerce & Finance and Paul Hastings were China lawyers and Hong Kong lawyers of securities companies respectively.