HK Stock Market Move | Smart driving concept stocks rose in the morning, and the first batch of domestically produced L3-level autonomous driving cars has begun large-scale road operations.
Intelligent driving concept stocks rose in the morning session, as of the time of writing, Zhejiang Sipai (01057) rose 6.97% to HK$5.22; Youjia Innovation (02431) rose 8.89% to HK$13.6; Tudatong (02665) rose 1.98% to HK$10.82.
The concept stocks of intelligent driving rose in the morning session, as of the time of writing, MINIEYE (02431) rose by 8.89% to 13.6 Hong Kong dollars; Zhejiang Shibao (01057) rose by 6.97% to 5.22 Hong Kong dollars; SEYOND (02665) rose by 1.98% to 10.82 Hong Kong dollars.
On the news front, according to CCTV News, on the afternoon of December 26th, the first batch of L3-level autonomous driving special license plate vehicles officially started operating on a large scale in Chongqing, with a total of 46 vehicles. They are Changan Blue's vehicles equipped with L3-level autonomous driving systems. These vehicles are allowed to operate on the inner ring expressway, the new inner ring expressway (Gao Tan Yan interchange - Laijiaqiao interchange), and Yudu Avenue (Renhe interchange - airport interchange) in Chongqing.
Cinda pointed out that the regulations on intelligent connected vehicles in China are continuously improving, and the industry development environment is gradually standardized. At the same time, domestic brands are accelerating the research and development of intelligent driving technology, and the penetration rate of intelligent driving in the industry is continuously increasing, with the penetration rate of domestic brands in L2-level and above assisted driving increasing the fastest. At the high-level autonomous driving level, the Robotaxi market is expected to reach 270 billion yuan by 2030.
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HK Stock Market Move | YOFC (06869) fell by more than 6%. Wuhan Yangtze Communication Industry Group reduced its holdings of 1.1 million A-shares.

HK Stock Market Move | Guangzhou Automobile Group (02238) rose more than 3% in the morning. Its Haobo brand officially launched the research and development testing of L3 conditional autonomous driving on highways.
HK Stock Market Move | TOPSPORTS (06110) falls more than 4% again, with the company pointing to increased fluctuations in terminal demand since December. The full-year financial guidance is conservative.

HK Stock Market Move | YOFC (06869) fell by more than 6%. Wuhan Yangtze Communication Industry Group reduced its holdings of 1.1 million A-shares.

HK Stock Market Move | Guangzhou Automobile Group (02238) rose more than 3% in the morning. Its Haobo brand officially launched the research and development testing of L3 conditional autonomous driving on highways.

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