Hong Kong Market Sees Broad Rally in EV and Autonomous Driving Stocks

Deep News03-11

Shares of electric vehicle and autonomous driving concept stocks surged across the board in the Hong Kong market. SEYOND soared more than 20%, while WeRide rose over 8%. Geely Auto climbed more than 7%, Hesai Group gained over 6%, and NIO jumped more than 16%. XPeng Motors advanced over 5%.

On company-specific news, NIO-SW announced on March 10 its financial results for the fourth quarter of 2025. Vehicle sales reached RMB 31.6062 billion (USD 4.5196 billion), representing an increase of 80.9% compared to the fourth quarter of 2024 and a rise of 64.6% from the third quarter of 2025. Total revenue amounted to RMB 34.6502 billion (USD 4.9549 billion), up 75.9% year-over-year and 59.0% quarter-over-quarter. Gross profit stood at RMB 6.0741 billion (USD 868.6 million), surging 163.1% compared to the same period last year and increasing 100.8% from the previous quarter.

Additionally, according to announcements from the Shanghai and Shenzhen stock exchanges, SEYOND has been officially included in the Hong Kong Stock Connect program. The adjustment took effect on March 9. This inclusion allows mainland A-share investors and institutions to directly trade the company's shares through the Stock Connect scheme, which is expected to attract more investors and capital inflows.

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