--- title: "Hong Kong Stock Movement: CARLINK TECH surged 67.02%, the board stated they are unaware of the reason for the fluctuation" type: "News" locale: "en" url: "https://longbridge.com/en/news/270952069.md" description: "CARLINK TECH surged 67.02%; Horizon Robotics-W fell 1.71%, with a transaction volume of HKD 707 million; SenseTime-W rose 0.47%, with a transaction volume of HKD 591 million; Lionbridge Holdings rose 3.06%, with a transaction volume of HKD 189 million; Pony.ai-W fell 6.30%, with a market value of HKD 51.6 billion" datetime: "2025-12-29T05:05:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/270952069.md) - [en](https://longbridge.com/en/news/270952069.md) - [zh-HK](https://longbridge.com/zh-HK/news/270952069.md) --- # Hong Kong Stock Movement: CARLINK TECH surged 67.02%, the board stated they are unaware of the reason for the fluctuation **Hong Kong Stock Movement** CARLINK TECH surged 67.02%. Based on recent news, 1. On December 28, CARLINK TECH announced that the board of directors noted unusual fluctuations in the company's share price recently. After reasonable inquiries, the board confirmed that it was not aware of any reasons for the fluctuations in share price or any information that should be disclosed to avoid creating a false market for the company's securities. The group's business operations are normal and stable, core business progress is smooth, and there are no significant matters that require disclosure to the board and company management's attention. Recent market fluctuations have been significant, and investors should remain cautious. **Stocks with High Trading Volume in the Industry** Horizon Robotics-W fell 1.71%. Based on recent key news: 1. On December 27, Horizon Robotics announced that its urban assisted driving technology will be made available to 100,000 yuan national models in the next 3 to 5 years. This move demonstrates the company's technological advancements and market expansion plans in the smart driving field, which may attract investor attention to its future growth potential, leading to stock price fluctuations. Source: Zhito Finance 2. On December 27, Horizon's Vice President Su Qing stated that the popularization of smart driving technology will push Urban L2 into a development dividend period. As technology matures and costs decrease, smart driving functions will shift from high-end configurations to basic standard configurations, increasing market demand for smart driving, which may affect the company's stock price. Source: Wall Street Insight 3. On December 27, Horizon's founder Yu Kai pointed out that smart driving technology will be popularized across different price range models, with expectations of achieving mass production of millions in the future. This market expectation may affect investors' confidence in the company's long-term development, leading to stock price fluctuations. Source: Jinshi Data Smart driving technology popularization accelerates, market attention. SenseTime-W rose 0.47%, with a trading volume of HKD 591 million, and no significant news recently. The trading is active, with clear capital flow, and considering the sector and industry trends, the stock shows significant volatility, with specific reasons needing further observation. Lion Group Holdings rose 3.06%. Based on recent key news: 1. On December 29, Lion Group Holdings announced the resignation of two non-executive directors. Pan Nanqi and Zhang Tiandan resigned, citing their desire to devote more time to other public duties. This news may affect investors' confidence in the company's governance, leading to a rise in stock price. Source: Economic Information Agency The Hong Kong stock market has been volatile recently and requires attention. **Stocks with High Market Capitalization in the Industry** Pony.ai-W fell 6.30%. Based on recent news, 1. On December 26, the Beijing Economic and Technological Development Zone released several measures to accelerate the creation of the "Beijing Yizhuang Automotive Intelligent Manufacturing Innovation City," proposing that by the end of 2028, the annual automobile production in the area will exceed 1 million units, with an industry scale reaching 350 billion yuan. This news is favorable for companies like Pony.ai, but the market reaction may be lagging. 2. On December 26, China released its first mandatory national standard for electric vehicle energy consumption, which will take effect on January 1, 2026 The new standard requires that the energy consumption of pure electric passenger vehicles must not exceed 15.1 kilowatt-hours per 100 kilometers, which will prompt automakers to make necessary technological upgrades and may impact the cost and technological route of XPeng. On December 27th, the autonomous vehicle services of companies like Waymo in San Francisco were suspended due to a power outage, highlighting the challenges of autonomous driving technology in practical applications. This incident may raise market concerns about the maturity of autonomous driving technology, thereby affecting the stock price of XPeng. Autonomous driving technology faces practical application challenges, and market reactions are cautious ### Related Stocks - [02531.HK](https://longbridge.com/en/quote/02531.HK.md) ## Related News & Research - [Tencent Music completes $2.6 billion acquisition of podcast platform Ximalaya](https://longbridge.com/en/news/286841981.md) - [PRECIOUS-Treasury yields, dollar weigh on gold amid inflation concerns](https://longbridge.com/en/news/286929968.md) - [CBOT Trends-Wheat up 19-22 cents, corn up 8-14, soybeans up 20-26](https://longbridge.com/en/news/286778651.md) - [Infrea unit Anläggningsgruppen wins over SEK 50 million in new orders in Mariestad](https://longbridge.com/en/news/287169722.md) - [project44 Delivers 34% New ARR Growth Fueled by AI Agent Momentum and Intelligent TMS Expansion](https://longbridge.com/en/news/286812053.md)