Baidu

Those who fail to obey may face business suspension or withdrawal of their licenses.

Several other Chinese internet companies are preparing secondary listings in Hong Kong.

Commercialization at large scale could still be 10 years away, according to experts.

Joe Xia, head of Baidu’s auto arm, believes that software, not hardware, will be the ‘soul’ of personal vehicles.

Baidu’s secondary listing in Hong Kong is 15 times oversubscribed.

Baidu has won bids for smart transportation projects in Chongqing, Changsha, Hefei, Baoding, Zhuzhou, and Yinchuan.

The takeover of YY Live has been “substantially completed.”

Meanwhile, WeRide has been granted the first ever ride-hailing license for an autonomous driving company.