On June 9, CaoCao Mobility (02643.HK) surged 9.45% in regular trading, trading at HK$32.9 per share, with trading volume of HK$69.53 million.
The rally comes as the market anticipates the formal inclusion of CaoCao Mobility into the Hong Kong Exchange Tech 100 Index, which is set to take effect after market close on June 12 and begin execution on June 15. The inclusion is expected to bring sustained passive fund inflows from index-tracking vehicles, boosting liquidity.
Additionally, the company continues to attract investor attention with its Robotaxi commercialization strategy. As the primary Robotaxi deployment platform under Geely Holdings, CaoCao Mobility has developed an integrated model combining custom intelligent vehicles, autonomous driving technology, and smart operations. Its proprietary AI-powered dispatch system has driven meaningful improvements in unit economics and profitability, with net losses narrowing 50.8% year-over-year in fiscal 2025 and revenue growing 37.7% to RMB 20.2 billion.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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