Hong Kong AI Concept Stock Daily: XIAOMI-W Leads with a 2.12% Gain as Xiaomi Phone Marks Its 15th Anniversary with an AI Strategy Push - 20261013

NewTimeSpace · 2026/10/13 17:44 · By Xuran Lin

On October 13, 2026, indices recovered with the HSI up 0.31% and the HSTECH down 0.79%. XIAOMI-W led gainers with a 2.12% gain, while PONY-W fell 8.60%.

Key Highlights:

The HSI rose 0.31%, the HSTECH fell 0.79% and the HSCEI rose 0.08%; full-day turnover on the HSI reached HKD 187.6 billion, up from a day earlier.
XIAOMI-W rose 2.12%, HORIZONROBOT-W rose 1.00% and MEITUAN-W rose 0.70%; PONY-W fell 8.60%, BIRENTECH fell 5.55% and HUA HONG GRACE fell 5.29%.
Global semiconductor stocks saw panic selling, dragging Hong Kong chip and smartphone supply chain names lower; Xiaomi reiterated its AI strategy on the 15th anniversary of its smartphones; Alibaba Cloud AI revenue passed RMB 35 billion in annualised terms; IDC said first-half global humanoid robot shipments rose 432% to nearly 25,000 units.

I. Market Overview

On October 13, 2026, the three major Hong Kong indices recovered from intraday lows, with the Hang Seng Index up 0.31% at 24,345.22, the Hang Seng China Enterprises Index up 0.08% at 8,174.72, and the Hang Seng TECH Index down 0.79% at 4,136.63, after falling as much as 2.85% during the session. Full-day turnover on the Hang Seng Index reached HKD 187.6 billion, up from HKD 162.6 billion a day earlier. AI concept stocks declined broadly, with 3 of the 20 names closing higher; AI chips and autonomous driving names pulled back.

In the LLM space, MEITUAN-W (03690.HK) rose 0.70%, while TENCENT (00700.HK) fell 0.14%, BIDU-W (09888.HK) fell 0.18%, KUAISHOU-W (01024.HK) fell 0.34%, BABA-W (09988.HK) fell 0.92%, MINIMAX-W (00100.HK) fell 0.93% and Z.AI (02513.HK) fell 2.91%.

In the AI Chips space, all six names closed lower: SMIC (00981.HK) fell 1.16%, ILUVATAR COREX (09903.HK) fell 3.52%, GIGADEVICE (03986.HK) fell 4.10%, MONTAGETECH (06809.HK) fell 5.10%, HUA HONG GRACE (01347.HK) fell 5.29% and BIRENTECH (06082.HK) fell 5.55%.

In the Autonomous Driving space, HORIZONROBOT-W (09660.HK) rose 1.00%; BLACK SESAME (02533.HK) fell 2.16%, ROBOSENSE (02498.HK) fell 2.54%, WERIDE-W (00800.HK) fell 3.28% and PONY-W (02026.HK) fell 8.60%, the worst performer among AI concept stocks.

In the Embodied AI space, XIAOMI-W (01810.HK) rose 2.12%, the top gainer among AI concept stocks, while UBTECH ROBOTICS (09880.HK) fell 0.44%.

II. Market Performance of Representative AI Stocks

Stock Code	Company Name	Closing Price (HKD)	Change(%)	Sector / Concept
01810.HK	XIAOMI-W	25.040	2.12	Embodied AI
09660.HK	HORIZONROBOT-W	4.035	1.00	Autonomous Driving
03690.HK	MEITUAN-W	72.300	0.70	LLM
00700.HK	TENCENT	425.200	-0.14	LLM
09888.HK	BIDU-W	81.650	-0.18	LLM
01024.HK	KUAISHOU-W	29.160	-0.34	LLM
09880.HK	UBTECH ROBOTICS	67.400	-0.44	Embodied AI
09988.HK	BABA-W	107.200	-0.92	LLM
00100.HK	MINIMAX-W	212.000	-0.93	LLM
00981.HK	SMIC	55.550	-1.16	AI Chips
02533.HK	BLACK SESAME	8.605	-2.16	Autonomous Driving
02498.HK	ROBOSENSE	15.710	-2.54	Autonomous Driving
02513.HK	Z.AI	601.000	-2.91	LLM
00800.HK	WERIDE-W	12.390	-3.28	Autonomous Driving
09903.HK	ILUVATAR COREX	84.900	-3.52	AI Chips
03986.HK	GIGADEVICE	360.200	-4.10	AI Chips
06809.HK	MONTAGETECH	241.800	-5.10	AI Chips
01347.HK	HUA HONG GRACE	85.100	-5.29	AI Chips
06082.HK	BIRENTECH	28.240	-5.55	AI Chips
02026.HK	PONY-W	43.560	-8.60	Autonomous Driving

Data Source: HKEX. For reference only, not investment advice. Data as of market close on October 13, 2026.

III. AI Industry & Corporate Developments

1. XIAOMI-W Tops the Gainers with a 2.12% Rise as Xiaomi Phone Marks Its 15th Anniversary with an AI Strategy Push

On October 13, XIAOMI-W (01810.HK) closed up 2.12% at HKD 25.040, the top gainer among AI concept stocks. October 13 marked the 15th anniversary of Xiaomi smartphones. Group president Lu Weibing said in a message that fully embracing artificial intelligence has become a key path for the company's strategic upgrade and that sustained investment will ensure competitiveness in the AI era. In March this year, the company said its AI investment over the next three years would exceed RMB 60 billion.

2. Global Semiconductor Stocks See Panic Selling as Hong Kong Chip and Smartphone Supply Chain Names Fall

On October 13, a selloff in global semiconductor stocks intensified. South Korea's KOSPI index fell as much as 6.8% intraday to 5,950 points, its lowest since July 31, while Japan's Nikkei 225 fell nearly 3%. Samsung Electronics and SK Hynix dropped more than 8% and 9% respectively, their fifth straight session of declines, with foreign investors selling more than USD 6 billion of Korean equities in October. In Hong Kong, optical communication, chip semiconductor and smartphone supply chain names fell across the board: HUA HONG GRACE (01347.HK) fell 5.29%, MONTAGETECH (06809.HK) fell 5.10%, GIGADEVICE (03986.HK) fell 4.10% and BIRENTECH (06082.HK) fell 5.55%. The Hang Seng TECH Index fell as much as 2.85% intraday before paring losses to 0.79% at the close.

3. PONY-W Falls 8.60%, the Worst Performer, as Autonomous Driving Names Extend Declines

On October 13, PONY-W (02026.HK) closed down 8.60% at HKD 43.560, the worst performer among AI concept stocks. Within the same space, WERIDE-W (00800.HK) fell 3.28%, BLACK SESAME (02533.HK) fell 2.16% and ROBOSENSE (02498.HK) fell 2.54%. Industry reports showed that Hong Kong autonomous driving concept stocks had already corrected broadly over the combined Mid-Autumn and National Day holidays, with WeRide, Black Sesame, Pony.ai and Seyond all among the biggest decliners in that period.

4. Alibaba Cloud AI Revenue Tops RMB 35 Billion in Annualised Terms, Passing 30% of External Revenue for the First Time

Industry data show that Alibaba Cloud's AI-related revenue exceeded RMB 35 billion in annualised run-rate terms, passing 30% of external revenue for the first time, with AI cloud and computing services revenue up 45% year on year. Tencent Cloud has reached profitability at scale and on October 10 introduced its open-source agent tool TeamAI. Internet platforms are further integrating AI with e-commerce, social, search, advertising and cloud computing scenarios.

5. IDC: Global Humanoid Robot Shipments Reached Nearly 25,000 Units in the First Half, Up 432%

Data from market research firm IDC show that global humanoid robot shipments reached nearly 25,000 units in the first half of 2026, up 432% year on year, as the industrialisation of embodied AI continues to accelerate. Earlier industry tallies showed that more than 30 robot-related companies are listed in the A-share and Hong Kong markets, although commercialisation progress varies widely among complete-machine and solution providers.

IV. Profiles of Representative AI Concept Stocks

Company Name	Stock Code	Industry Position	Main Product Lines & Business Overview
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.
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.
MEITUAN-W	03690.HK	AI technology pioneer in local life services	Its AI-native community application "Miyu" has demonstrated operational value in physical retail and dining environments, boosting merchant efficiency. The company continuously enhances search, recommendation, and dispatch algorithms across its local commerce ecosystem using proprietary foundation models. By deploying AI Agent technologies in customer service, merchant marketing assistants, and instant delivery route planning, the company improves dual-sided operational efficiency and management precision.
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 large model ranks near the top in evaluations on third-party platforms such as OpenRouter. The models are increasingly embedded in its national-scale social applications, Tencent Meeting and cloud-based collaborative office ecosystem. Leveraging its vast monthly active user base and Tencent Cloud intelligent computing services, the company is accelerating the delivery of AI solutions to government and financial enterprise clients, continuously expanding enterprise-level application scenarios.
BIDU-W	09888.HK	Dual-engine leader in China's AI infrastructure and autonomous driving	Financial results show AI revenue accounting for 52% of core business revenue, replacing traditional advertising as the primary growth driver. Ernie Model 5.1 is officially live, ranking 1st nationally and 4th globally on LMArena benchmarks. The Qianfan model platform aggregates mainstream foundation models for commercial API consumption, driving a 79% YoY surge in AI Cloud revenue. Apollo Go leads in fully driverless commercial operations, accumulating over 330 million operational kilometres and achieving breakeven per vehicle in select cities. Foundation model capabilities continue to penetrate AI Cloud, autonomous driving, and AI-native applications.

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