HK Stock Market Move | Tesla concept stocks rise LK TECH (00558) up more than 9% NEXTEER (01316) up more than 6%

Tesla concept stocks rose in the morning session, with LK TECH (00558) up 9.25% at HKD 4.25 and NEXTEER (01316) up 6.16% at HKD 3.1. On the news front, with the dust settled on the US election, Trump has returned to the White House after four years, and Tesla surged over 14% overnight. Wall Street analysts believe that Musk's support for Trump will ultimately benefit Tesla. Guotai Junan believes that Musk's strong support for Trump could result in policy benefits for Tesla if Trump is re-elected, and the Tesla chain is worth looking forward to. EB SECURITIES pointed out that the Tesla Robotaxi platform is expected to adopt the Unboxed Process assembly process, which has high standardization and error management requirements for parts/components. It is expected that the application range of die-casting may further expand. Guoce International previously stated that NEXTEER is a global leader in steering, a scarce target in the automatic driving and Tesla industry chain.