On September 25, PONY-W declined 6.19% in regular trading, trading at HK$52.7 per share, with turnover of HK$3.3695 million.

The selloff follows the company's H1 financial results published on September 23, which showed total revenue of US$70.5 million, up 98.9% year-over-year, while adjusted net loss widened 26.0% to US$85.9 million. R&D spending rose 7.9% to US$104 million. Although Q2 Robotaxi revenue surged 691.2% and the company targets fleet expansion to over 3,500 vehicles by year-end, the continued widening of losses has weighed on investor sentiment regarding the path to profitability.

Adding to the pressure, Deutsche Bank Aktiengesellschaft disclosed a reduction of approximately 2.837 million shares on September 17, lowering its long position from 55.47% to 54.66% via an off-market transaction. The broader Application Software sector also trended lower, with SENSETIME-W down 5.0%, HORIZONROBOT-W down 2.9%, and KINGDEE INT'L down 2.71%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)