HK Stock Market Move | AXERA (00600) rose over 4% in late trading; AXERA M57 chip achieves mass production delivery in the EU market.

AXERA (00600) rose over 4% in late trading. As of press time, it was up 3.68% at HK$17.73, with a turnover of HK$19.023 million. On the news front, AXERA recently announced that its self-developed automotive-grade ADAS SoC M57 chip, paired with Aptiv's new-generation intelligent front-view all-in-one unit, has achieved large-scale mass production delivery on models of leading domestic new energy vehicle manufacturers targeting the EU market. The intelligent driving system was developed under the leadership of Aptiv's China team and meets the E-NCAP 2026 five-star safety standard, marking that the M57 has officially passed the entry threshold for the European market. To date, the M57 has secured designated projects from multiple domestic and overseas automakers and Tier 1 suppliers, with product forms covering diverse scenarios such as intelligent front-view all-in-one units, integrated driving and parking domain controllers, and in-cabin perception, and is accelerating its deployment in both the domestic and European markets.