The Hang Seng Index rose over 240 points in the early session, climbing back above the 27,000 mark. Stocks related to intelligent driving faced pressure against the market trend, with Hesai previously dropping nearly 10%

The market is watching the performance of U.S. tech stocks and the Federal Reserve's interest rate decision. The three major U.S. stock indices performed well on the night of the 26th. The Hong Kong stock market opened higher this morning (27th), with the Hang Seng Index opening up 97 points, and the initial gains expanded, surpassing the 27,000 mark, currently reported at 27,010 points, up 244 points or 0.9%, with a turnover of HKD 42.354 billion.

Automotive chip, radar, and smart driving technology-related stocks were under pressure this morning. Hesai (HASI.US) plummeted 10.1% in U.S. stocks the previous night, closing at USD 25.13. Hesai-W (02525.HK) opened with a gap down of 8.7% this morning, and at one point fell 9.9% to a low of HKD 196.3. It is currently reported at HKD 202.8, down 6.89%, with a turnover of 283,900 shares, involving HKD 57.197 million.

Robosense (02498.HK) opened down 0.8% and the decline slightly widened, currently reported at HKD 34.6, down 2.64%, with a turnover of 1.8185 million shares, involving HKD 63.2258 million. Horizon-W (09660.HK) opened up 0.3% but softened, currently reported at HKD 8.67, down 2.58%, with a turnover of 15.4434 million shares, involving HKD 135 million.

Baidu-SW (09888.HK) also fell 1.5%, reported at HKD 153.1, with a turnover of HKD 233 million