Hong Kong AI Concept Stock Daily：Chip Sector Surges Collectively, Apple Accepts Samsung's Memory Quotes - 20260916

NewTimeSpace · 2026/09/16 17:32 · By Boyuan Chen

On September 16, 2026, the three major Hong Kong indices opened higher and moved in a choppy range, with the Hang Seng Index up 0.19%, the Hang Seng TECH Index up 0.79%, and the Hang Seng China Enterprises Index up 0.02%.AI concept stocks diverged on the day, with the AI Chips sector surging collectively, the LLM sector mixed, and most Autonomous Driving stocks weakening.

Key Highlights:

AI concept stocks diverged on the day, with the AI Chips sector surging collectively, the LLM sector mixed, and most Autonomous Driving stocks weakening.
In the LLM space, Z.AI (02513.HK) rose 5.88% and MINIMAX-W (00100.HK) rose 1.45%.
In the AI Chips space, ILUVATAR COREX (09903.HK) rose 6.23%, HUA HONG GRACE (01347.HK) rose 5.87%, MONTAGE TECH (06809.HK) rose 5.46%

I. Market Overview

On September 16, 2026, the three major Hong Kong indices opened higher and moved in a choppy range, with the Hang Seng Index up 0.19%, the Hang Seng TECH Index up 0.79%, and the Hang Seng China Enterprises Index up 0.02%. The Hang Seng Index's total market turnover was 181.1 billion HKD, and southbound funds saw a net inflow of 2.099 billion HKD. AI concept stocks diverged on the day, with the AI Chips sector surging collectively, the LLM sector mixed, and most Autonomous Driving stocks weakening.

In the LLM space, Z.AI (02513.HK) rose 5.88% and MINIMAX-W (00100.HK) rose 1.45%. TENCENT (00700.HK), ALIBABA-W (09988.HK), BIDU-W (09888.HK), MEITUAN-W (03690.HK) and KUAISHOU-W (01024.HK) declined.

In the AI Chips space, ILUVATAR COREX (09903.HK) rose 6.23%, HUA HONG GRACE (01347.HK) rose 5.87%, MONTAGE TECH (06809.HK) rose 5.46% and SMIC (00981.HK) rose 4.77%, with GIGADEVICE (03986.HK) and BIREN TECH (06082.HK) following higher. A Goldman Sachs research report pointed out that, driven by generative AI and local demand, China's semiconductor industry capital expenditure is expected to record a 10% to 15% increase from 2026 to 2030, reaching US$82 billion by 2030.

In the Autonomous Driving space, ROBOSENSE (02498.HK) rose 0.88% and PONY-W (02026.HK) rose 0.20%. WERIDE-W (00800.HK) fell 3.88%, with HORIZONROBOT-W (09660.HK) and BLACK SESAME (02533.HK) following lower.

In the Embodied AI space, UBTECH ROBOTICS (09880.HK) rose 0.91% and XIAOMI-W (01810.HK) fell 1.21%.

II. Market Performance of Representative AI Stocks

Stock Code	Company Name	Closing Price (HKD)	Change(%)	Sector / Concept
09903.HK	ILUVATAR COREX	117.600	6.23	AI Chips
02513.HK	Z.AI	720.000	5.88	AI Chips
01347.HK	HUA HONG GRACE	111.900	5.87	LLM
06809.HK	MONTAGE TECH	270.200	5.46	AI Chips
00981.HK	SMIC	63.650	4.77	AI Chips
03986.HK	GIGADEVICE	450.000	3.02	AI Chips
06082.HK	BIREN TECH	32.880	2.56	AI Chips
00100.HK	MINIMAX-W	238.000	1.45	LLM
09880.HK	UBTECH ROBOTICS	77.400	0.91	Embodied AI
02498.HK	ROBOSENSE	16.090	0.88	Autonomous Driving
02026.HK	PONY-W	51.250	0.20	AI Chips
03690.HK	MEITUAN-W	74.450	-0.40	LLM
01024.HK	KUAISHOU-W	29.660	-0.47	LLM
09988.HK	BABA-W	106.200	-0.93	LLM
09888.HK	BIDU-W	88.050	-0.96	LLM
01810.HK	XIAOMI-W	26.180	-1.21	Embodied AI
00700.HK	TENCENT	433.400	-1.23	LLM
09660.HK	HORIZONROBOT-W	4.050	-1.46	Autonomous Driving
02533.HK	BLACK SESAME	9.480	-1.56	Autonomous Driving
00800.HK	WERIDE-W	14.860	-3.88	Autonomous Driving

Data Source: HKEX. For reference only, not investment advice. Data as of market close on September 16, 2026.

III. AI Industry & Corporate Developments

1. StepFun Releases the StepAudio 3 Series of Speech Large Models

On September 15, StepFun released its new-generation speech large model StepAudio 3 series, launching five models at once—StepAudio 3 Realtime, StepAudio 3 ASR, StepAudio 3 TTS, StepAudio 3 Gen and StepAudio 3 Music—covering scenarios such as real-time voice interaction, speech recognition, human-level speech generation and music creation.

2. LimX Dynamics Jointly Develops the First Embodied Tennis Robot, to Debut on September 22

On September 15, LimX Dynamics and Enhanced Robotics held a cooperation signing ceremony in Shenzhen, with the two parties carrying out joint development and scenario validation centering on embodied sports robots and an AI sports data platform. The first embodied tennis robot developed by the two parties will debut on September 22 at the final of the "Billie Jean King" Cup.

3. OpenAI in Talks for a New Round of Funding, Valuation May Exceed US$1.2 Trillion

On September 15, it was reported that OpenAI is in preliminary talks with investors over a new round of private funding, which could push the valuation of the ChatGPT developer to more than US$1.2 trillion before its IPO, a sharp jump from the US$852 billion valuation completed in March this year. The talks were initiated by investors, and whether they proceed depends on the timing of the company's listing.

4. Google Launches the Gemini 3.8 Live Real-Time Audio Models

On September 15 local time, Google announced the launch of two real-time audio models, Gemini 3.8 Live and Gemini 3.8 Live Extended Thinking, calling them the most advanced real-time conversational models to date, able to call tools, process visual information and execute complex tasks without interrupting the conversation, driving real-time voice AI toward voice agents.

5. Apple Accepts Samsung's Memory Quotes, with DRAM and NAND up 30%–40% from the Previous Quarter

News on September 15: Apple has accepted Samsung Electronics' memory chip quotes for the first quarter of 2027: DRAM at nearly US$2.0/Gb and NAND flash at nearly US$0.33/Gb, up 30%–40% from the quotes for the third quarter of this year.

IV. Profiles of Representative AI Concept Stocks

Company Name	Stock Code	Industry Position	Main Product Lines & Business Overview
MINIMAX-W	00100.HK	A top-tier player dedicated to omni-modal Artificial General Intelligence (AGI)	The company continuously iterates its video generation model matrix and has partnered with mainstream domestic and overseas chip manufacturers and inference platforms to complete underlying adaptations. The total monthly active users (MAU) of its B2C and B2B LLM applications, along with multimodal API call volumes, maintain rapid growth, further broadening its computing power ecological layout.
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.
ILUVATAR COREX	09903.HK	Domestic general-purpose GPU pioneer & builder of full-scenario AI compute bases	Established in 2015, it is among the earliest domestic vendors to achieve mass production of general-purpose GPUs. Product lines cover training, inference, and edge computing across the Tiangai, Zhikai, and Tongyang series. In July 2026, it launched its next-gen flagship Tiangai 300 at WAIC, matching the Nvidia Hopper architecture. As of late 2025, it served 340+ clients across 30+ industries, generating core GPGPU revenue of ~RMB 923 million (+149.6% YoY).
HORIZONROBOT-W	09660.HK	China's leading intelligent driving computing solution provider and full‑stack vehicle intelligence enabler	Founded in 2015, it offers ADAS and high‑level autonomous driving solutions. Core products include the Journey-series in-car AI chips (cumulative shipments exceeding 10 million units), the HSD full‑scenario urban driving solution, and the "Starry 6P" cockpit‑driving integrated vehicle intelligence chip. In 2025, it held a 47.7% market share in domestic ADAS for independent brands, with full‑year revenue of RMB 3.758 billion, up 57.7% YoY.
Z.AI	02513.HK	A leading player in China's independent LLM sector	Knowledge Atlas Technology Joint Stock Company Limited (02513.HK; commercially known as Zhipu AI) is a leading player in China's independent large language model (LLM) sector (recognized for its capabilities and market position by Frost & Sullivan). The company has released its next-generation flagship model, GLM-5.2, achieving open-source State-of-the-Art (SOTA) performance in coding and agentic capabilities. It has also open-sourced the multimodal image generation model GLM-Image in collaboration with Huawei. Focusing on novel model architecture design, generalized reinforcement learning paradigms, and autonomous model evolution, its business layout closely aligns with the trend of enterprise-level AI productivity transformation.

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