Uber (UBER.US) aims to launch autonomous taxi services in more than ten markets by the end of next year, potentially including Hong Kong.

Uber (UBER.US) CEO Dara Khosrowshahi anticipates that by the end of next year, autonomous taxi services will be available in more than ten markets, with potential markets including Hong Kong and Japan. The company is currently in discussions with regulators regarding the relevant regulations for autonomous taxis. In July, Uber and Baidu (09888.HK) announced a multi-year collaboration plan to launch unmanned taxi services via the Uber platform in multiple markets outside the United States and China.

AASTOCKS08:44

The Federal Reserve reappoints 11 regional Fed presidents; OpenAI releases the more advanced GPT-5.2 model | Global Markets

①Spot silver rose 2.82%, continuing to set a new all-time high; ②The U.S. House of Representatives' motion to impeach President Trump was shelved after a vote; ③The EU is advancing the initiation of written procedures to freeze Russian assets in the long term; ④Zelenskyy: If security guarantees are obtained, he is willing to support holding general elections during wartime.

cls.cn06:58

The Ministry of Transport: In November, the online ride-hailing regulatory information exchange system received a total of 904 million orders.

As of November 30, 2025, a total of 394 online ride-hailing platform companies across the country have obtained operating licenses, marking an increase of one company from the previous month. The regulatory information exchange system for online ride-hailing received a total of 904 million order records in November.

Zhitong FinanceDec 11 20:23

Express News | Central Economic Work Conference: Deepen the rectification of 'involutionary' competition and promote win-win development for platform enterprises, operators within platforms, and workers.

BreakingsDec 11 17:43

The Hang Seng Index closed down by 10 points as chip stocks softened and ZTE plunged 13%.

The Federal Reserve's 25-basis-point interest rate cut met expectations, and the Hong Kong Monetary Authority lowered the base rate for the discount window to 4%. The Hong Kong stock market initially rose but then retreated. The Hang Seng Index opened 169 points higher, and its gains expanded to 260 points at the beginning of trading, reaching 25,801 points before falling back. In the afternoon session, it briefly dropped 69 points to a low of 25,471 points. For the day, it closed at 25,530 points, down 10 points or less than 0.1%. The Hang Seng China Enterprises Index fell 20 points or 0.2% to close at 8,934 points, while the Hang Seng Tech Index declined 46 points or 0.8% to end at 5,534 points. Total turnover for the day amounted to HKD 182.477 billion. According to reports, the resale price of Quark AI glasses has surged to RMB 5,000, with order delivery delayed by 45 days.

AASTOCKSDec 11 16:28

The South China operations headquarters of 'Radish Run' has been established in Foshan.

The Online Approval and Supervision Platform for Investment Projects in Guangdong Province shows that the South China Operation Headquarters of Baidu-SW (09888.HK)’s autonomous driving mobility service platform, Luobo Kuaipao, has been registered. The location is set in Dongping Community, Leshan, Shunde, Foshan, with a total investment of approximately 18 million RMB. The project is positioned as a demonstration headquarters for unmanned ride-hailing services, featuring areas for research and education, exhibition halls, 5G cloud warehouses, office spaces, and operation workshops. Leveraging intelligent algorithms and vehicle-road collaboration technology, it will provide smart mobility services to Foshan.

AASTOCKSDec 11 16:25