HK Stock Market Move | AXERA (00600) Surges Over 10% in Early Trading; Company Launches M9 Series High-End Intelligent Driving Chips, M57 Recently Enters EU Market

AXERA (00600) rose over 10% in early trading. As of press time, it was up 9.69% at HK$19.02, with a turnover of HK$26.0627 million. On the news front, on September 8, AXERA officially launched the M9 series of high-end intelligent driving chips, including the flagship M97 and the M95 aimed at the mainstream market. The M97 achieved tape-out and in February this year, completed engineering sample delivery in the first half of the year, and multiple leading automakers have initiated solution selection, with a maximum computing power of 720TOPS; the M95 achieved tape-out and in July. It is worth noting that recently, AXERA's self-developed automotive-grade ADAS SoC M57 chip, equipped with Aptiv's new-generation intelligent forward-view integrated machine, has achieved large-scale mass production delivery on models of a leading domestic new energy vehicle manufacturer for the EU market. The intelligent driving system was led by 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.