HK Stock Market Move | Some smart driving concept stocks are rising, and the automatic driving industry is entering a fast track. The commercial closed loop is expected to be further opened up.

Some smart driving concept stocks have risen. As of the time of publication, MINTH GROUP (00425) rose by 12.95% to 38.56 Hong Kong dollars; PATEO (02889) rose by 7.26% to 245.4 Hong Kong dollars; NEXTEER (01316) rose by 4.39% to 7.37 Hong Kong dollars; JOHNSON ELEC H (00179) rose by 3.88% to 30.54 Hong Kong dollars. On the news front, on January 7, three departments jointly issued the "Modus Operandi" action plan for the Shanghai Advanced Autonomous Driving Leadership Area, accelerating the transformation of intelligent connected vehicle technology innovation into industrial competitiveness, and is expected to promote the transition from demonstration to commercialization on a large scale of advanced autonomous driving in Shanghai. Recently, the General Office of the People's Government of Guangdong Province issued the "Guangdong Province's Policy Measures for Empowering Artificial Intelligence for High-quality Development of Transportation". Ping An Securities believes that the technology of autonomous driving is moving towards mass production and application. There are still many restrictions on the operation of L3 approved models. The commercialization process of intelligent driving is expected to accelerate in 2026. Although there are still many restrictions on the operation conditions of L3 models currently, the approval of L3 models' entry signifies progress in the technology and policy aspects of smart driving, laying the foundation for the commercialization process of smart driving in the future. In 2026, the commercial closed loop of intelligent driving is expected to further open up.