---
title: "Hong Kong Stock Movement: YOUZAN surged 23.03%"
description: "YOUZAN surged 23.03%; SenseTime-W rose 1.74%, with a transaction volume of HKD 849 million; Horizon Robotics-W fell 0.82%, with a transaction volume of HKD 444 million; Weimob Group rose 4.95%, with a"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/260011075.md"
published_at: "2025-10-06T06:01:09.000Z"
---

# Hong Kong Stock Movement: YOUZAN surged 23.03%

> YOUZAN surged 23.03%; SenseTime-W rose 1.74%, with a transaction volume of HKD 849 million; Horizon Robotics-W fell 0.82%, with a transaction volume of HKD 444 million; Weimob Group rose 4.95%, with a transaction volume of HKD 175 million; Kingdee International rose 1.03%, with a market value of HKD 62.4 billion

**Hong Kong Stock Market Movements**

YOUZAN surged 23.03%. Based on recent important news:

1.  On October 6, YOUZAN announced that it is actively exploring the possibility of transferring its shares from the GEM of the Stock Exchange to the main board, which drove the stock price up. The company stated that the assessment for the transfer is still in the preliminary stage and no formal application has been submitted. Guozheng International believes that if the transfer is successful, combined with improving operating performance, the company's valuation is expected to increase.
    
2.  On October 3, YOUZAN shareholders deposited shares into China Merchants International Securities, with a market value of HKD 723 million, accounting for 13.05%. This move demonstrates shareholders' confidence in the company's future development, further driving the stock price up.
    
3.  On September 16, YOUZAN announced the appointment of professional advisors to assist in evaluating the possibility of transferring to the main board, showing a proactive attitude towards strategic adjustment and enhancing market confidence. The expectation of transferring from the GEM to the main board has increased the valuation.
    

**Stocks with High Trading Volume in the Industry**

SenseTime-W rose 1.74%. Based on recent important news:

1.  On October 4, SenseTime-W's shareholding increased by 125 million shares, indicating investors' confidence in its future growth, which pushed the stock price up. Data source: Hong Kong Stock Exchange Disclosure.
    
2.  On October 2, SenseTime-W's shareholding increased by 85.216 million shares, further consolidating the market's positive expectations for it, and the stock price continued to rise. Data source: Hong Kong Stock Exchange Disclosure. The Hong Kong stock market is experiencing active capital flow, and risks need to be monitored.
    

Horizon Robotics-W fell 0.82%, with a trading volume of HKD 444 million. Based on recent key news:

1.  On October 3, Horizon Robotics released its semi-annual report for 2025, showing that its core automotive solutions business has a significant revenue share; however, R&D expenses surged 62% year-on-year to HKD 2.3 billion, resulting in cumulative losses exceeding HKD 20 billion. This news raised market concerns about its profitability, leading to a decline in stock price.
    
2.  On October 2, Horizon Robotics announced that its advanced driving system HSD has been designated by several vehicle manufacturers, covering dozens of models. Although this news has positive implications for the company's future development, it has not alleviated market concerns about its high R&D costs in the short term.
    
3.  On October 1, Horizon Robotics founder Richard Yu mentioned in a public speech that the company needs to find a balance between self-research and third-party collaboration to cope with the challenges of technological advancement and changing times. This viewpoint has sparked market attention on the company's future strategic direction. The overall industry performance remains stable, with limited impact from macroeconomic data

### Related Stocks

- [08083.HK - YOUZAN](https://longbridge.com/en/quote/08083.HK.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.
