--- title: "Hong Kong Stock Movement: NEW VISION CO rises 16.05%, reaching a new high since its listing, driven by the new energy vehicle boom that has doubled its stock price!" type: "News" locale: "en" url: "https://longbridge.com/en/news/283308228.md" description: "NEW VISION CO rose 16.05%; Hesai Technology Co., Ltd. fell 3.82%, with a transaction amount reaching HKD 217 million; Zhongchuang Innovation fell 2.90%, with a transaction amount reaching HKD 200 million; Fuyao Glass rose 0.56%, with a transaction amount reaching HKD 115 million; Minth Group fell 0.11%, with a market value of HKD 42.3 billion" datetime: "2026-04-20T07:17:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283308228.md) - [en](https://longbridge.com/en/news/283308228.md) - [zh-HK](https://longbridge.com/zh-HK/news/283308228.md) --- # Hong Kong Stock Movement: NEW VISION CO rises 16.05%, reaching a new high since its listing, driven by the new energy vehicle boom that has doubled its stock price! **Hong Kong Stock Movement** NEW VISION CO rose 16.05%. Based on recent news, 1. On April 20, NEW VISION CO surged over 22% in the afternoon, reaching a new high of HKD 85.3 since its listing. Since April 9, the stock has seen a strong upward trend, doubling in price within just 8 trading days and hitting a new high. The trading volume reached HKD 26 million, and the total market value once exceeded HKD 10 billion. Source: Zhitong Finance 2. On April 20, NEW VISION CO, as China's second-largest HUD solution provider, focuses on the research and manufacturing of automotive head-up displays, gaining multiple well-known automotive clients. The company has accumulated sales of 1.9 million units, securing 18 automotive clients and 101 model specifications. Source: Zhitong Finance 3. On April 20, the new energy vehicle sector was on the rise, and NEW VISION CO, as a HUD solution provider, is well-positioned to benefit from themes related to new energy vehicles and autonomous driving. Source: HKMoneyClub The new energy vehicle sector is on the rise. **Stocks with High Trading Volume in the Industry** Hesai Technology-W fell 3.82%. Based on recent key news: 1. On April 17, Hesai Technology released the world's first 6D full-color LiDAR chip, Picasso SPAD-SoC, and announced a strategic upgrade to spatial intelligence. This move showcases the company's innovative capabilities in the field of physical AI, attracting market attention. 2. On April 20, Goldman Sachs raised Hesai's target price to HKD 273, reflecting optimistic expectations for the company in the robot taxi market. This rating upgrade has boosted investor confidence, driving stock price fluctuations. 3. On April 19, Hesai showcased its robotic power module, indicating the company's strategic intent to transition from a sensor company to a platform company. This move may affect the market's assessment of the company's future growth potential. Innovation in the field of physical AI is accelerating, and risks need to be monitored. Zhongxin Innovation fell 2.90%. Based on recent news: 1. On April 17, Zhongxin Innovation underwent a structural upgrade in organizational management, transitioning from a liquid organization to an agile network organization, where everyone can drive project success and is accountable for results. This rapid expansion and transformation may lead to market uncertainty regarding its future development direction, thus affecting stock prices. 2. On April 17, Liu Jingyu stated that Zhongxin Innovation has established a foothold in the passenger vehicle, commercial vehicle, and energy storage sectors, and plans to enter the next growth phase of full-scenario applications. Market concerns about its expansion speed and execution capabilities may lead to stock price fluctuations. 3. No other significant news recently. The industry is expanding rapidly, and market concerns are intensifying. Fuyao Glass rose 0.56%, with a trading volume of HKD 115 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 specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** Minth Group fell 0.11%, with a market capitalization of HKD 42.3 billion, 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 specific reasons need further observation ### Related Stocks - [02632.HK](https://longbridge.com/en/quote/02632.HK.md) ## Related News & Research - [Hesai Group Reports First Quarter 2026 Unaudited Financial Results | HSAI Stock News](https://longbridge.com/en/news/286878709.md) - [GWM launches Wey V9X flagship SUV to step up efforts in premium NEV market](https://longbridge.com/en/news/286780461.md) - [BYD unveils upgraded flagship Denza SUV to bolster premium market push](https://longbridge.com/en/news/286846995.md) - [08:06 ETGreenix Pest Control Expands Northeast Presence Through Acquisition of Insight Pest Solutions in MA and NH](https://longbridge.com/en/news/286909168.md) - [02:50 ETPowerbox wprowadza na rynek serię wytrzymałych przetworników DC/DC do zastosowań w sektorze obronnym](https://longbridge.com/en/news/286867266.md)