Hong Kong AI Concept Stock Daily：Xiaomi Auto's overseas website and social media accounts officially launched; AI chip sector broadly weakened-20260828

NewTimeSpace · 2026/08/28 17:51 · By Jiayi Sun

On August 28, 2026, Hong Kong's three major indices closed mixed, with AI concept stocks diverging on the day and most large-model and AI chip sectors weakening. The Hang Seng Index rose 0.07%, the Hang Seng TECH Index fell 0.33%, and the Hang Seng China Enterprises Index closed flat.In the embodied-AI segment, UBTECH ROBOTICS (09880.HK) closed up 0.66%, XIAOMI-W (01810.HK) rose 1.24%.

I. Market Overview

On August 28, 2026, Hong Kong's three major indices closed mixed, with AI concept stocks diverging on the day and most large-model and AI chip sectors weakening. The Hang Seng Index rose 0.07%, the Hang Seng TECH Index fell 0.33%, and the Hang Seng China Enterprises Index closed flat. The Hang Seng Index's total market turnover was HKD 231.209 billion, with net southbound inflows of HKD 1.176 billion.

In the large-model segment, the "two leaders" Z.AI (02513.HK) fell 6.03%, MINIMAX-W (00100.HK) fell 4.51%, with ALIBABA-W and KUAISHOU-W following the decline. TENCENT (00700.HK) rose 1.65%, while BIDU-SW and MEITUAN-W closed flat.

In the AI chip segment, all names weakened, with GIGADEVICE (03986.HK) down 5.81%, MONTAGE TECHNOLOGY (06809.HK) down 5.38%, and ILUVATAR COREX, HUA HONG GRACE, and SMIC following the decline.

In the smart-driving segment, most names strengthened, with PONY-W (02026.HK) up 3.97%, and WERIDE-W and BLACK SESAME following the gains. ROBOSENSE (02498.HK) fell 2.23%, and HORIZONROBOT-W closed flat.

In the embodied-AI segment, UBTECH ROBOTICS (09880.HK) closed up 0.66%, XIAOMI-W (01810.HK) rose 1.24%.

II. Market Performance of Representative AI Stocks

Stock Code	Company Name	Closing Price (HKD)	Change(%)	Sector / Concept
02026.HK	PONY-W	58.950	3.97	Autonomous Driving
00800.HK	WERIDE-W	15.800	2.27	Autonomous Driving
00700.HK	TENCENT	455.200	1.65	LLM
01810.HK	XIAOMI-W	27.820	1.24	Embodied AI
02533.HK	BLACK SESAME	10.700	1.04	Autonomous Driving
09880.HK	UBTECH ROBOTICS	83.500	0.66	Embodied AI
09888.HK	BIDU-SW	95.750	0.00	LLM
09660.HK	HORIZONROBOT-W	4.745	0.00	Autonomous Driving
03690.HK	MEITUAN-W	77.500	0.00	LLM
06082.HK	BIRENTECH	39.240	-0.05	AI Chips
01024.HK	KUAISHOU-W	33.460	-0.59	LLM
09988.HK	BABA-SW	113.900	-1.39	LLM
00981.HK	SMIC	70.150	-1.61	AI Chips
01347.HK	HUA HONG GRACE	120.600	-1.79	AI Chips
09903.HK	ILUVATAR COREX	396.800	-1.98	AI Chips
02498.HK	ROBOSENSE	18.830	-2.23	Autonomous Driving
00100.HK	MINIMAX-W	300.400	-4.51	LLM
06809.HK	MONTAGETECH	285.000	-5.38	AI Chips
03986.HK	GIGADEVICE	486.000	-5.81	AI Chips
02513.HK	Z.AI	1,090.000	-6.03	LLM

Data Source: HKEX. For reference only, not investment advice. Data as of market close on August 28, 2026.

III. AI Industry & Corporate Developments

1. Samsung Electronics, SK Hynix, and Qualcomm collaborate to advance commercialization of HBC technology

On August 26, Qualcomm executive Durga Malladi stated at Deutsche Bank's 2026 Technology Conference that Samsung Electronics and SK Hynix are actively collaborating with Qualcomm to advance the commercialization of high-bandwidth computing (HBC) technology, while continuing their respective high-bandwidth memory (HBM) R&D roadmaps. Qualcomm is responsible for compute chip design and system integration, Samsung Electronics and SK Hynix handle DRAM stacking, and they plan to work with TSMC to complete integration and packaging.

2. SMIC's H1 net profit up 94.2% YoY, driven by higher wafer shipments, ASPs, and product mix

On August 27, SMIC (688981.SH) released its 2026 interim report, posting operating revenue of RMB 38.635 billion, up 19.4% YoY; net profit attributable to shareholders of the listed company was RMB 4.467 billion, up 94.2% YoY. Among these, wafer foundry business revenue was RMB 35.858 billion, up 18.1% YoY. The profit growth was mainly attributable to increased wafer shipments, higher average selling prices, and product mix changes in the current period.

3. Profits of industrial enterprises above designated size nationwide grew 17.6% in the first seven months; integrated circuit industry profits surged 18.5x YoY

Data released by the National Bureau of Statistics on August 27 shows that in January–July, industrial enterprises above designated size nationwide achieved total profits of RMB 4,582.06 billion, up 17.6% YoY. By industry, the integrated circuit industry — represented by computing-power chips and memory chips — saw profits grow 18.5 times YoY, while the optical fiber manufacturing, optical cable manufacturing, and communications system equipment manufacturing industries posted profit growth of 468.4%, 62.6%, and 55.0%, respectively.

4. Xiaomi Auto's overseas website and social media accounts officially launched on August 26

News on August 28: Xiaomi Auto's overseas website and social media accounts were officially launched on August 26. In addition to showcasing models such as the SU7, SU7 Ultra, and Xiaomi Pengcheng Skynomad on the overseas website homepage, Xiaomi Auto also displayed the Xiaomi Vision Gran Turismo, a pure-electric smart concept supercar specially built for the GT simulation driving platform.

IV. Profiles of Representative AI Concept Stocks

Company Name	Stock Code	Industry Position	Main Product Lines & Business Overview
TENCENT	00700.HK	An Internet tech giant with a national-scale application ecosystem and the platform provider with the broadest LLM implementation scenarios in China	The Hunyuan LLM ranks highly in evaluations on third-party platforms such as OpenRouter. The model continues to deepen its integration into national-level social applications, Tencent Meeting, and the cloud-based collaborative office ecosystem. Backed by a massive MAU base and the Tencent Cloud intelligent computing service system, the company is accelerating the delivery of AI solutions to B2B clients in government and finance, continuously expanding enterprise-level application scenarios.
XIAOMI-W	01810.HK	Full-stack AI technology giant anchored by the "Human x Car x Home" ecosystem	Its foundational model family MiMo has entered the top tier of global open-source models; MiMo-V2-Pro features over 1 trillion parameters, while MiMo-V2.5-Pro tied for 1st globally among open-source models with a score of 54 on the Artificial Analysis composite index. AI capabilities fully power the "Human x Car x Home" ecosystem, driving iterative upgrades in the CyberOne humanoid and CyberDog bionic quadrupeds. Multimodal computer vision, force-control algorithms, and automated dispatch logics are deeply integrated into dark-factory production and flexible manufacturing.
PONY-W	02026.HK	Global commercialization leader in L4 autonomous mobility and logistics	The first autonomous driving company in China to secure fully driverless Robotaxi commercial operation permits across all four top-tier cities (Beijing, Shanghai, Guangzhou, Shenzhen). Core operations span autonomous ride-hailing (Robotaxi) and freight services (Robotruck), with Robotaxi deployments across 9 countries and public operations in overseas markets including Croatia, Qatar, Singapore, and South Korea. Targeting a global fleet exceeding 3,000 vehicles across 20+ cities by 2026, the company has achieved positive unit economics per vehicle.
WERIDE-W	00800.HK	The world's only L4 cross-scenario autonomous driving platform holding permits across seven countries	Holds autonomous driving permits across China, the UAE, Singapore, France, Saudi Arabia, Belgium, and the US. Built upon the proprietary WeRide One platform, the company covers smart mobility, logistics, and sanitation across five core product lines: Robotaxis, Robobuses, Robosweepers, Robovans, and Advanced Driving Assistance Systems (ADAS). Operations cover over 30 cities across 11 countries, supported by an L4 fleet exceeding 1,500 vehicles.
UBTECH ROBOTICS	09880.HK	The purest humanoid robot stock in Hong Kong	The company focuses on humanoid robot R&D, full‑stack motion control algorithms, and commercial deployment across industrial and logistics scenarios. Its flagship Walker S series has been integrated into assembly lines of leading new energy vehicle manufacturers for parts handling, precision assembly, and intelligent quality inspection, pioneering the transition from lab prototypes to industrial automation at scale.

NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.

Tags：

NewTimeSpace Ubtech Robotics XIAOMI-W