$HORIZONROBOT-W(09660.HK) basically didn't move, $MOMENTA-W(06880.HK) rose slightly. The autonomous driving chip sector in the Hong Kong stock market is very stable; $Ouster(OUST.US) fell more than seven percentage points, and the decline in U.S. lidar stocks is glaring. It's the same autonomous driving industry chain: Hong Kong stocks are moving sideways, U.S. stocks are falling sharply. Is Hong Kong stock pricing more rational, or are U.S. stocks leading a round of correction? It looks more like the latter—high-beta targets like lidar are always the first to be sold off when risk appetite contracts. The poor liquidity on the Hong Kong stock side, on the contrary, prevented it from being sold off heavily.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.