--- title: "Hong Kong stock movement: MANYCORE TECH rises 16.34%, strategic cooperation and AI fund spark market enthusiasm" type: "News" locale: "en" url: "https://longbridge.com/en/news/285035154.md" description: "MANYCORE TECH rose 16.34%; SenseTime-W rose 2.53%, with a transaction volume of HKD 366 million; Horizon Robotics-W rose 2.21%, with a transaction volume of HKD 215 million; Kingdee International fell 0.23%, with a transaction volume of HKD 131 million; Pony.ai-W rose 6.23%, with a market value of HKD 34.3 billion" datetime: "2026-05-04T06:31:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285035154.md) - [en](https://longbridge.com/en/news/285035154.md) - [zh-HK](https://longbridge.com/zh-HK/news/285035154.md) --- # Hong Kong stock movement: MANYCORE TECH rises 16.34%, strategic cooperation and AI fund spark market enthusiasm **Hong Kong Stock Movement** MANYCORE TECH rose 16.34%. Based on recent key news: 1. On May 4th, MANYCORE TECH reached a strategic cooperation framework agreement with Jinyong Investment to promote global business expansion and establish a venture capital fund. This cooperation enhances MANYCORE's international competitiveness, leading to a significant increase in stock price. Source: Zhitong Finance 2. On May 3rd, MANYCORE TECH announced that its cooperation with Jinyong Investment will utilize the global furniture supply chain resources of Hony Capital, further strengthening its market position. This news boosted market confidence and drove the stock price up. Source: Zhitong Finance 3. On May 3rd, the cooperation framework agreement between MANYCORE TECH and Jinyong Investment mentioned the establishment of a fund focused on spatial intelligence and AI technology, attracting investor attention and subsequently increasing the stock price. Source: Zhitong Finance. Industry cooperation enhances international competitiveness, and the market response is positive. **Stocks with High Trading Volume in the Industry** SenseTime-W rose 2.53%. Based on recent news, 1. On May 4th, SenseTime recorded a cross-trade of 16.16 million shares at HKD 2.045 per share, which is 3.3% higher than the previous closing price, involving HKD 33.05 million. SenseTime's current price rose 3.5% to HKD 2.05; trading volume reached 78.17 million shares, with a transaction amount of HKD 159 million, and the active buy-sell ratio was 63:37, with a net active buy of HKD 27.82 million. 2. On May 4th, SenseTime recorded a cross-trade of 16.16 million shares at HKD 2.045 per share, which is 3.3% higher than the previous closing price, involving HKD 33.05 million. SenseTime's current price rose 3.5% to HKD 2.05; trading volume reached 78.17 million shares, with a transaction amount of HKD 159 million, and the active buy-sell ratio was 63:37, with a net active buy of HKD 27.82 million. The Hong Kong stock market has been active recently, with significant capital inflow. Horizon Robotics-W rose 2.21%, with a trading volume of HKD 215 million, and there has been no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. Kingdee International fell 0.23%, with a trading volume of HKD 131 million, and there has been no significant news recently. Trading is active, and capital flow is evident. 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** Pony.ai-W rose 6.23%. Based on recent key news: 1. On May 4th, Pony.ai released PonyWorld 2.0, which features self-diagnostic capabilities, enhancing the data moat of its autonomous vehicle fleet. This technological advancement has boosted market confidence in the company's future growth, driving the stock price up. Significant technological progress in the autonomous driving industry ### Related Stocks - [00068.HK](https://longbridge.com/en/quote/00068.HK.md) - [00020.HK](https://longbridge.com/en/quote/00020.HK.md) - [09660.HK](https://longbridge.com/en/quote/09660.HK.md) - [00268.HK](https://longbridge.com/en/quote/00268.HK.md) - [02026.HK](https://longbridge.com/en/quote/02026.HK.md) ## Related News & Research - [Manycore Tech Fully Exercises Over-Allotment Option After Strong IPO Demand](https://longbridge.com/en/news/283375861.md) - [Your 3-6 months of emergency savings won't cut it - why the job market now demands an 18-month cash cushion](https://longbridge.com/en/news/286680876.md) - [RUSSIA'S ROSATOM SAYS ITS CONFIDENT THAT IT WILL BE ABLE TO RESTORE STAFFING AT IRAN'S BUSHEHR NUCLEAR PLANT IN NEAREST WEEKS](https://longbridge.com/en/news/286906560.md) - [Oops! Dot-com-era stocks are doing it again.](https://longbridge.com/en/news/286542789.md) - [Pa Shun International Calls EGM for Major Board Overhaul](https://longbridge.com/en/news/286670051.md)