--- title: "Hong Kong Stock Movement: SYNAGISTICS rises 10.45%, new cross-border e-commerce platform and AI applications boost market confidence, shareholder reduction raises concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/273164125.md" description: "SYNAGISTICS rose 10.45%; SenseTime-W rose 2.10%, with a transaction volume of HKD 536 million; Horizon Robotics-W fell 0.11%, with a transaction volume of HKD 287 million; Kingdee International fell 1.06%, with a transaction volume of HKD 120 million; Pony.ai-W fell 5.07%, with a market value of HKD 52.7 billion" datetime: "2026-01-21T02:52:19.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273164125.md) - [en](https://longbridge.com/en/news/273164125.md) - [zh-HK](https://longbridge.com/zh-HK/news/273164125.md) --- # Hong Kong Stock Movement: SYNAGISTICS rises 10.45%, new cross-border e-commerce platform and AI applications boost market confidence, shareholder reduction raises concerns **Hong Kong Stock Movement** SYNAGISTICS rose 10.45%. Based on recent key news: 1. On January 20, SYNAGISTICS launched the ShopHK platform to promote cross-border e-commerce solutions. This move attracted market attention, leading to a rise in stock price. Source: Zhitong Finance 2. On January 19, the founder of Castle Investment reduced their holdings in SYNAGISTICS, resulting in a decrease in shareholding. This action raised market concerns about changes in the shareholder structure. Source: Zhitong Finance 3. On January 20, SYNAGISTICS plans to utilize AI to optimize platform functions and enhance operational efficiency. This move has boosted investor confidence in the company's future growth. Source: Huigang Communications. The demand for cross-border e-commerce is growing, and the market is paying attention to the application of AI technology. **Stocks with High Trading Volume in the Industry** SenseTime-W rose 2.10%. Based on recent key news: 1. On January 19, SenseTime Group established a wholly-owned subsidiary in Xiamen with a registered capital of USD 30 million, focusing on artificial intelligence software development. This move is seen as an important strategy for the company to expand its business areas, enhancing market confidence and driving up stock prices. Source: Viewpoint Network 2. On January 19, data from the Hong Kong Stock Exchange showed that SenseTime-W was reduced by 31.442 million shares. Despite the reduction, the market's positive response to the company's new business offset the negative impact, and the stock price still rose. Source: HKEX News 3. On January 19, SenseTime Group established a new subsidiary, further consolidating its leadership position in the artificial intelligence field. The market holds an optimistic view of its future development, resulting in a rise in stock price. Source: Tianyancha. The artificial intelligence industry continues to grow, with significant capital inflow. Horizon Robotics-W fell 0.11%. Based on recent key news: 1. On January 21, China Merchants Securities International released a report predicting that the automotive and robotics industry sales will remain flat in 2026, with the smart driving supply chain and operations being accelerated towards advanced smart driving due to AI technology penetration. The firm highly recommends Horizon Robotics, expecting smart driving growth to outperform the overall vehicle market, driving stock price fluctuations. Source: Huigang Communications 2. On January 19, Beijing Horizon Robotics Technology R&D Co., Ltd. successfully registered the "Horizon Super Smart Driving" trademark, covering integrated circuit design, software operation services, and other fields, indicating the company's progress in technology R&D, which may affect market expectations. Source: Viewpoint Network 3. On January 19, Horizon Robotics applied for the registration of multiple trademarks, showing the company's strategic layout in the smart driving field, which may enhance market confidence in its future development. Source: Qichacha. The smart driving industry is driven by AI technology, with significant growth. Kingdee International fell 1.06%, with a trading volume of HKD 120 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** XPeng-W fell 5.07%. Based on recent key news: 1. On January 21, China Merchants Securities International released a report predicting that the growth rate of the intelligent driving industry will outpace that of the overall vehicle industry by 2026, with a strong recommendation for companies like Pony.ai. The report pointed out that the acceleration of AI technology penetration is driving the development of the intelligent driving industry, with an expected growth rate of 150% for Robotaxi, which has a positive impact on market expectations for Pony.ai, but the stock price still experienced a decline. 2. On January 19, Pony.ai's Robotaxi fleet size surpassed 1,159 vehicles, marking the entry of autonomous driving services into a stage of scaled operation. Although this breakthrough demonstrates the company's leading position in technology and the market, the stock price failed to reflect this positive progress. 3. On January 19, global market attention on AI technology increased, and Chinese tech stocks performed strongly. However, Pony.ai's stock price did not benefit from this trend and instead experienced a decline. 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