Hong Kong AI Concept Stock Daily: ROBOSENSE Rises 6.46% as Automated LiDAR Line Starts Up - 20261106

NewTimeSpace · 2026/11/06 17:42 · By Boyuan Chen

On November 6, the HSI fell 1.27% and the HSTECH 1.83%. ROBOSENSE rose 6.46% on a new automated LiDAR production line, while 16 of 20 AI concept stocks fell.

Key Highlights:

all three indices opened lower and traded below the previous close throughout, failing to fill the opening gap, then recovered from the intraday low in late trade but still closed lower; the HSI closed at 24,481.86, down 1.27%, the HSTECH at 4,078.23, down 1.83%, and the HSCEI at 8,274.10, down 1.13%; full-day HSI turnover reached HKD 247.4 billion, notably below HKD 356.7 billion a day earlier.
4 of the 20 names rose, led by ROBOSENSE at 6.46%, followed by HUA HONG GRACE at 4.31%, HORIZONROBOT-W at 0.67% and MEITUAN-W at 0.12%; ILUVATAR COREX fell 11.67% at the bottom, with Z.AI down 10.46%, MONTAGETECH down 9.37% and WERIDE-W down 8.79%. One of seven LLM names advanced, one of six AI chip names rose, two of five autonomous driving names gained and both embodied AI names declined.
HUA HONG GRACE reported third-quarter net profit of RMB 835 million, up 136.14%, with Huali Microelectronics consolidated for the first time; ROBOSENSE's fully automated LiDAR line, the first of its kind globally, started operation in Shenzhen; ASMPT will retain its SMT Solutions segment and end the strategic review; the overnight sell-off in the US AI supply chain weighed on Hong Kong AI hardware names.

I. Market Overview

On November 6, 2026, the three major Hong Kong indices opened lower across the board and traded below the previous close throughout the session, failing to fill the opening gap, then recovered from the intraday low in late trade but still closed lower. The Hang Seng Index closed at 24,481.86, down 1.27%; the Hang Seng TECH Index closed at 4,078.23, down 1.83%; and the Hang Seng China Enterprises Index closed at 8,274.10, down 1.13%. Full-day turnover on the Hang Seng Index reached HKD 247.4 billion, notably below HKD 356.7 billion a day earlier. Of the 20 AI concept stocks, 4 advanced and 16 declined, with autonomous driving names holding up relatively well while AI chip and LLM names pulled back sharply.

In the LLM space, MEITUAN-W (03690.HK) rose 0.12%, KUAISHOU-W (01024.HK) fell 1.63%, TENCENT (00700.HK) fell 2.46%, BIDU-W (09888.HK) fell 3.04%, BABA-W (09988.HK) fell 3.85%, MINIMAX-W (00100.HK) fell 8.46% and Z.AI (02513.HK) fell 10.46%; one of the seven names advanced.

In the AI Chips space, HUA HONG GRACE (01347.HK) rose 4.31%, SMIC (00981.HK) fell 4.04%, GIGADEVICE (03986.HK) fell 7.74%, BIRENTECH (06082.HK) fell 7.93%, MONTAGETECH (06809.HK) fell 9.37% and ILUVATAR COREX (09903.HK) fell 11.67%; one of the six names advanced.

In the Autonomous Driving space, ROBOSENSE (02498.HK) rose 6.46%, HORIZONROBOT-W (09660.HK) rose 0.67%, BLACK SESAME (02533.HK) fell 5.90%, PONY-W (02026.HK) fell 8.42% and WERIDE-W (00800.HK) fell 8.79%; two of the five names advanced.

In the Embodied AI space, XIAOMI-W (01810.HK) fell 2.94% and UBTECH ROBOTICS (09880.HK) fell 3.66%; both names declined.

II. Market Performance of Representative AI Stocks

Stock Code	Company Name	Closing Price (HKD)	Change(%)	Sector / Concept
02498.HK	ROBOSENSE	15.000	6.46	Autonomous Driving
01347.HK	HUA HONG GRACE	70.200	4.31	AI Chips
09660.HK	HORIZONROBOT-W	3.780	0.67	Autonomous Driving
03690.HK	MEITUAN-W	80.400	0.12	LLM
01024.HK	KUAISHOU-W	28.920	-1.63	LLM
00700.HK	TENCENT	419.800	-2.46	LLM
01810.HK	XIAOMI-W	30.380	-2.94	Embodied AI
09888.HK	BIDU-W	78.200	-3.04	LLM
09880.HK	UBTECH ROBOTICS	64.500	-3.66	Embodied AI
09988.HK	BABA-W	104.900	-3.85	LLM
00981.HK	SMIC	45.580	-4.04	AI Chips
02533.HK	BLACK SESAME	6.295	-5.90	Autonomous Driving
03986.HK	GIGADEVICE	297.800	-7.74	AI Chips
06082.HK	BIRENTECH	19.390	-7.93	AI Chips
02026.HK	PONY-W	34.800	-8.42	Autonomous Driving
00100.HK	MINIMAX-W	155.800	-8.46	LLM
00800.HK	WERIDE-W	10.580	-8.79	Autonomous Driving
06809.HK	MONTAGETECH	183.800	-9.37	AI Chips
02513.HK	Z.AI	426.200	-10.46	LLM
09903.HK	ILUVATAR COREX	60.950	-11.67	AI Chips

Data Source: HKEX. For reference only, not investment advice. Data as of market close on November 6, 2026.

III. AI Industry & Corporate Developments

1. HUA HONG GRACE Posts RMB 835 Million Third-Quarter Net Profit, Up 136.14%, with Huali Microelectronics Consolidated for the First Time

On the evening of November 5, HUA HONG GRACE (01347.HK) released its 2026 third-quarter report. Revenue reached RMB 6.706 billion, up 13.95% year on year; total profit was RMB 901 million, up 227.54%; net profit attributable to shareholders was RMB 835 million, up 136.14%; and net profit attributable to shareholders excluding non-recurring items was RMB 616 million, up 276.11%. For the first nine months, revenue totalled RMB 18.611 billion, up 14.06%, with net profit attributable to shareholders of RMB 1.603 billion, up 138.23%. Under overseas accounting standards, third-quarter sales reached USD 987 million, up 19.9% year on year on a restated comparable basis and up 9.9% quarter on quarter, with a gross margin of 24.6%, up 7.6 percentage points year on year and 4.7 points quarter on quarter. The company said it completed the acquisition of 97.5% of Shanghai Huali Microelectronics via share issuance in the period, making Huali a wholly owned subsidiary consolidated into the group, with prior-year comparatives restated as a common-control combination; the 12 inch share of revenue reached 70.7% at the end of the quarter. The company guided fourth-quarter revenue of USD 1.08 billion to USD 1.09 billion with a gross margin of 25% to 26%.

2. ROBOSENSE: World's First Digitalised Fully Automated LiDAR Line Starts Up in Shenzhen with 500,000 Units of Annual Capacity

According to information published on the Guangdong Provincial People's Government website on November 6, the world's first digitalised fully automated LiDAR production line has started operation in Shenzhen, with a comprehensive automation rate of 99% and designed annual capacity of 500,000 units on a single line. The line is equipped with more than 100 high-precision automated machines covering over 70 processes across assembly, calibration, testing and packaging, with only six workers needed to run the assembly stage. ROBOSENSE (02498.HK) disclosed that cumulative LiDAR sales reached 1.3148 million units in the first three quarters of 2026, including 427,800 units for robotics; with the new line in operation, the company will leverage in-house chips, its digitalised product platform and scaled manufacturing to advance core robotic components and its physical AI layout.

3. ASMPT to Retain SMT Solutions Segment, Ending Strategic Review Launched in January 2026

On November 6, ASMPT (00522.HK) announced that its board concluded that retaining the SMT Solutions division as part of the group is in the best interests of the company and its shareholders, ending the strategic review of the segment launched in January 2026. The company had previously engaged with potential buyers for the unit. The stock fell more than 10% intraday on November 6, after a 10.30% decline in the previous session.

4. Overnight Sell-Off in the US AI Supply Chain Weighs on Hong Kong AI Hardware Names

On November 6, Hong Kong AI hardware names followed the overnight decline in US AI stocks. Memory chips, PCB and optical communication led the falls: TIME INTERCON (01729.HK) dropped more than 13%, FIT HON TENG (06088.HK) fell 14.16%, CREALIGHTS (01191.HK) dropped more than 12%, VGT (02476.HK) fell 8.98%, YOFC (06869.HK) fell 10.46% and ZHONGJI INNOLIGHT (03308.HK) fell nearly 9%. Within the AI concept pool, ILUVATAR COREX (09903.HK) fell 11.67%, MONTAGETECH (06809.HK) 9.37%, GIGADEVICE (03986.HK) 7.74% and BIRENTECH (06082.HK) 7.93%. The Hang Seng TECH Index closed down 1.83% and HSI turnover reached HKD 247.4 billion, notably below the previous session.

5. LLM and Data Centre Names Pull Back as Z.AI Falls 10.46%

On November 6, Hong Kong LLM and data centre names retreated together. Z.AI (02513.HK) fell 10.46% to HK$426.20 on turnover of HK$3.998 billion; MINIMAX-W (00100.HK) fell 8.46% to HK$155.80 on HK$1.859 billion of turnover; and GDS-SW (09698.HK) fell 10.62%. Internet names weakened broadly, with BABA-W (09988.HK) down 3.85%, TENCENT (00700.HK) down 2.46%, XIAOMI-W (01810.HK) down 2.94% and BIDU-W (09888.HK) down 3.04%.

IV. Profiles of Representative AI Concept Stocks

Company Name	Stock Code	Industry Position	Main Product Lines & Business Overview
ROBOSENSE	02498.HK	Leader in mass production and delivery of automotive LiDAR and core perception solutions	The company has secured platform orders from numerous global mainstream automakers and EV startups. Quarterly automotive LiDAR shipments continue to outpace industry growth, while process optimization and economies of scale have driven per unit costs consistently downward, reinforcing its market position as the core perception foundation for intelligent driving. In the first three quarters of 2026, cumulative LiDAR sales reached 1.3148 million units, including 427,800 units for robotics applications.
HUA HONG GRACE	01347.HK	Global leader in specialty process wafer foundry	A world leading specialty process wafer foundry, the company operates 8 inch and 12 inch production lines serving new energy vehicles, industrial control, and data center power management. In the third quarter of 2026 it completed the acquisition of 97.5% of Shanghai Huali Microelectronics and consolidated the unit, lifting the 12 inch share of revenue to 70.7%; quarterly sales reached a record USD 987 million with a 24.6% gross margin.
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.
KUAISHOU-W	01024.HK	A leading multimodal content generation platform in China	Kling AI has completed independent financing with a total cap of USD 3 billion, at a post-money valuation of USD 18 billion, setting a global record for video foundation model companies, with plans to initiate a Hong Kong IPO within the next 12 months. Kling AI quarterly revenue has exceeded RMB 650 million, with an annualized run rate of nearly USD 500 million. Its general LLM KwaiYii and video generation model Kling are undergoing continuous iteration, demonstrating high commercial conversion efficiency in e-commerce live streaming and automated marketing.

AI ROBOSENSE HUA HONG GRACE