Baidu

The semiconductor company is working with China International Capital on the listing in the mainland Chinese city

The halt comes as a setback to a fast-growing industry that is estimated to be worth 83.1 billion yuan by 2030

China had a late start in driverless technology but has been quicker to approve widespread testing

The stock has also suffered on account of a wave of new listings by pure-play AI firms

The 1260H list now includes more than 130 entities accused of working with the Chinese military

The Internet company joins larger peers Tencent Holdings and Alibaba Group Holding in enhancing shareholder returns

This will help it qualify for cross-border trading, opening up investment flows from the mainland to Hong Kong

The Beijing-based firm has been valued at at least US$3 billion, according to sources

Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge