--- title: "Hong Kong Stock Movement: MANYCORE TECH rises 12.13%, AI + spatial data potential and new business layout boost market confidence" type: "News" locale: "en" url: "https://longbridge.com/en/news/284296037.md" description: "MANYCORE TECH rose 12.13%; Horizon Robotics-W fell 2.89%, with a transaction volume of HKD 195 million; SenseTime-W fell 1.49%, with a transaction volume of HKD 128 million; WeRide rose 6.09%, with a transaction volume of HKD 94.45 million; Pony.ai-W fell 1.61%, with a market value of HKD 35.7 billion" datetime: "2026-04-28T02:13:29.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284296037.md) - [en](https://longbridge.com/en/news/284296037.md) - [zh-HK](https://longbridge.com/zh-HK/news/284296037.md) --- # Hong Kong Stock Movement: MANYCORE TECH rises 12.13%, AI + spatial data potential and new business layout boost market confidence **Hong Kong Stock Movement** MANYCORE TECH rose 12.13%. Based on recent key news: 1. On April 27, MANYCORE TECH's ambiguous positioning in the AI and SaaS fields attracted market attention. Although the AI business has not yet fully monetized, the market is full of expectations for its AI+ spatial data potential, driving the stock price up. Source: Jiemian News 2. On April 27, MANYCORE TECH announced collaborations with multiple companies to layout in the AIGC, AR/VR, and intelligent robotics fields. This move is seen as a positive signal for the company's expansion into new businesses, enhancing investor confidence. Source: Jiemian News. The AI industry is highly competitive, with mature technology but an undefined ecosystem. **Stocks with High Trading Volume in the Industry** Horizon Robotics-W fell 2.89%. Based on recent key news: 1. On April 24, Horizon Robotics announced the grant of approximately 59.2 million Class B ordinary shares as rewards under its post-IPO share incentive plan. This move aims to motivate employees and related entities for their contributions to the company, promoting long-term development. This news may lead to market concerns about equity dilution, affecting the stock price. 2. On April 25, at the Beijing International Auto Show, Horizon Robotics showcased its latest intelligent driving technologies and product solutions, attracting the attention of numerous visitors and industry executives. This indicates the company's technological strength and market position in the smart vehicle sector, which may have a positive impact on the stock price. 3. On April 26, Horizon Robotics signed a strategic cooperation agreement with global automotive parts supplier Aptiv, planning to jointly develop intelligent driving products. This collaboration may enhance the company's competitiveness in the intelligent driving field and boost market confidence. The smart vehicle industry is accelerating technological innovation, with intense market competition. SenseTime-W fell 1.49%. Based on recent key news: 1. On April 27, SenseTime's Absolute Shadow announced a strategic cooperation with T3 Mobility at the Beijing International Auto Show, planning to launch Robotaxi trial operations within the year. This move showcases SenseTime's technological progress in autonomous driving, but failed to boost the stock price, as market doubts about the profitability of the new project led to a decline in stock price. Source: Viewpoint Network 2. On April 27, SenseTime launched and open-sourced its next-generation native multimodal large model SenseNova-U1, demonstrating its technological strength in the field of artificial intelligence. However, the market remains cautious about its commercialization prospects, failing to effectively drive up the stock price. Source: 36Kr 3. On April 27, SenseTime released several intelligent driving products at the auto show, including the R-UniAD2.0 generative intelligent driving technology, covering L2 to L4 level autonomous driving capabilities. Although technological innovation has attracted attention, market concerns about its short-term profitability continue to suppress stock performance. Source: Viewpoint Network. The autonomous driving industry is highly competitive, with frequent technological innovations. May Day Vision rose 6.09%. Based on recent key news: 1. On April 27, Aito announced the grant of 940,200 restricted stock units, accounting for 0.23% of the total issued shares. This move aims to incentivize the core team, enhance the company's long-term development potential, and drive up the stock price. 2. On April 27, Aito released the beta version of SimOne 4.0, a comprehensive upgrade of its AI simulation platform, enhancing technical capabilities. The market reacted positively, leading to a rise in stock price. 3. On April 27, Aito announced its RSU plan, granting reward shares to 303 directors and employees for the first time, strengthening the talent incentive mechanism and boosting market confidence, resulting in a rise in stock price. The technological upgrades in the AI industry are driving market confidence. **Stocks ranked among the top in industry market capitalization** XPeng fell by 1.61%. Based on recent key news: 1. On April 25, XPeng launched a new generation of autonomous driving domain controllers, co-developed with NVIDIA, enhancing AI computing power and system safety, which impacted the stock price negatively. 2. On April 27, Guangzhou XPeng Huixing Technology Co., Ltd. increased its registered capital to USD 429 million, a 23% increase, indicating enhanced financial strength, but failed to boost the stock price. 3. On April 27, XPeng announced at the Beijing Auto Show that the cost of the 2027 version of Robotaxi will be reduced to within RMB 230,000. The market's reaction to the cost reduction was not significant, and the stock price continued to decline. 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