--- title: "Hong Kong Stock Movement: MANYCORE TECH falls 10.03%, strategic cooperation fails to boost market confidence, investors' wait-and-see sentiment intensifies" type: "News" locale: "en" url: "https://longbridge.com/en/news/287175871.md" description: "MANYCORE TECH fell 10.03%; Aito fell 1.33%, with a transaction volume of HKD 1.134 billion; Horizon Robotics-W had a transaction volume of HKD 1.069 billion; SenseTime-W fell 0.55%, with a transaction volume of HKD 505 million; Minglue Technology-W rose 5.48%, with a market value of HKD 37.5 billion" datetime: "2026-05-21T07:32:10.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287175871.md) - [en](https://longbridge.com/en/news/287175871.md) - [zh-HK](https://longbridge.com/zh-HK/news/287175871.md) --- # Hong Kong Stock Movement: MANYCORE TECH falls 10.03%, strategic cooperation fails to boost market confidence, investors' wait-and-see sentiment intensifies **Hong Kong Stock Movement** MANYCORE TECH fell 10.03%. Based on recent key news: 1. On May 18, MANYCORE TECH announced a strategic cooperation with YingShi Innovation aimed at promoting a new paradigm of content creation and spatial digitization in the 3D era. However, the market is cautious about the short-term financial impact of the cooperation, leading to a decline in stock price. 2. On May 18, Zhitong Finance reported that the global offering stabilization period for MANYCORE TECH has ended, and it failed to stabilize price trading in the market, which may affect investor confidence and lead to stock price fluctuations. 3. On May 18, Renmin Finance reported that the cooperation between MANYCORE TECH and YingShi Innovation did not immediately bring significant market response, and investors are cautious about its long-term impact, putting pressure on the stock price. The market is waiting to see the short-term effects of the new cooperation. **Stocks with High Trading Volume in the Industry** WuYi Vision fell 1.33%. Based on recent news, 1. On May 18, Yushu Technology's technological advancements in the field of physical AI have attracted market attention. Yushu Technology's general humanoid robot products have shown outstanding performance in motion control and environmental adaptability, promoting the development of the physical AI industry and affecting the performance of related tech stocks. 2. On May 18, innovations from companies like Baidu Apollo, DJI, and XPeng in their respective fields have also positively impacted tech stocks. Progress in autonomous driving, smart aircraft, and flying cars by these companies has driven overall advancements in the physical AI industry. 3. On May 18, the trend of the physical AI industry is irreversible, opening a new cycle for the tech industry. As underlying technologies mature, physical AI is moving from the laboratory to the industrial front line, changing development models across various industries and affecting the trends of related stocks. The trend of the physical AI industry is significant, and tech stocks are showing noticeable volatility. Horizon Robotics-W had a trading volume of HKD 1.069 billion. Based on recent key news: 1. On May 20, Horizon Robotics-W repurchased 6.6798 million shares at a price between HKD 5.79 and HKD 5.9, involving approximately HKD 39.0735 million. This move may enhance market confidence and drive stock price up. Source: Zhitong Finance 2. On May 18, Horizon Robotics-W announced the open-source of the HoloMotion-1 robot cerebellum large model, aimed at lowering the R&D threshold for full-body control of humanoid robots and promoting technological applications. This move may enhance the company's technological image and attract investor attention. Source: Viewpoint Network 3. On May 18, Horizon Robotics-W spent HKD 61.8632 million to repurchase 10.3998 million shares at a price between HKD 5.87 and HKD 6.06. Frequent repurchases indicate the company's confidence in its own value, which may support the stock price. Source: Zhitong Finance. The technological innovation in the robotics industry is accelerating, with significant capital inflow. SenseTime-W fell 0.55%. Based on recent key news: 1. On May 21, SenseTime announced that its visual AI business has completed the CV2.0 technology upgrade, entering a stage of sustainable profitability The company has ranked first in the Chinese visual AI market for ten consecutive years, with successful technology upgrades and business layout boosting market confidence in its future development, although its stock price remains volatile. 2. On May 20, IDC released a report showing that SenseTime ranks first in market share in the Chinese visual AI market in 2025. The SenseFoundry platform has been implemented in over 200 cities, serving more than 30,000 parks, buildings, outlets, and transportation hubs, demonstrating its leading position in the industry. 3. On May 19, intensified industry competition poses challenges for SenseTime, compressing its survival space. Although the company's market value has rebounded from historical lows, it still shows significant declines compared to the beginning of the year and historical highs, with the market holding a cautious attitude towards its future development. Intensified industry competition and technology upgrades drive development. **Stocks ranked among the top in industry market value** MingLue Technology-W rose by 5.48%. MingLue Technology-W's stock price has recently increased. 1. On May 20, the company announced a strategic cooperation agreement with a large technology company, which is expected to significantly enhance its market competitiveness and revenue growth. This news boosted investor confidence and drove the stock price up. 2. On May 19, industry analysts raised their earnings expectations for MingLue Technology-W, believing that its technological advantages in the field of artificial intelligence will bring long-term growth potential. Analysts' optimistic forecasts further stimulated market buying. 3. On May 18, macroeconomic data showed an overall increase in capital inflows into the Hong Kong market, with the technology sector benefiting significantly. As one of the industry leaders, MingLue Technology-W attracted more investor attention. 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