HK Stock Market Move | AXERA (00600) rises over 5%: intelligent driving chips equip Leapmotor's all-new model for European launch, international business development momentum continues to improve.

AXERA (00600) rose over 5% in the afternoon, up 4.48% as of press time at HK$19.6, with a turnover of HK$7.4003 million. On the news front, according to AXERA's official WeChat account, the company's intelligent driving chip designed specifically for the global market has officially been equipped on Leapmotor's all-new global compact pure electric hatchback model for its launch in the European market, marking a stage of substantive implementation for AXERA's globalization strategy for automotive intelligent chips. Industry data shows that LEAPMOTOR (09863) delivered over 660,000 vehicles globally in the first nine months of 2026, with cumulative overseas exports exceeding 150,000 units. The strong growth momentum in overseas markets has also laid a solid foundation for the expansion of AXERA's intelligent driving chip overseas deployment scale. Since mass production and delivery began, AXERA's intelligent driving chips have led the industry in commercialization pace, with monthly installation volume exceeding 50,000 units. They have been deployed at scale on leading OEMs such as Leapmotor, with mass production ramp-up speed significantly exceeding industry expectations. Notably, the automotive intelligent chip business has now become AXERA's core growth curve. According to the company's financial report for the first half of 2026, shipments of automotive intelligent SoC chips reached 420,000 units, with 24 new designated projects added and the number of partner vehicle brands expanded to 25, including 7 international and joint-venture automakers. The business's scale-up and internationalization momentum continues to improve.