Hong Kong AI Concept Stock Daily: UBTECH ROBOTICS Rises 8.99% on Strategic Pact with Tianyi Telecom Terminal - 20261109

NewTimeSpace · 2026/11/09 17:41 · By Boyuan Chen

On November 9, the HSI fell 0.13% and the HSTECH 0.92% as early gains faded. UBTECH ROBOTICS rose 8.99% on a telecom pact; 11 of 20 AI concept stocks declined.

Key Highlights:

all three indices opened higher, faded after an early push, turned lower in the afternoon and closed near the session low; the HSI closed at 24,448.95, down 0.13%, the HSTECH at 4,040.73, down 0.92%, and the HSCEI at 8,260.15, down 0.17%; full-day HSI turnover reached HKD 173.7 billion, notably below HKD 247.4 billion a day earlier.
9 of the 20 names rose, led by UBTECH ROBOTICS at 8.99%, followed by WERIDE-W at 6.62%, HUA HONG GRACE at 2.35%, PONY-W at 2.01% and Z.AI at 1.78%; MEITUAN-W fell 6.53% at the bottom, with HORIZONROBOT-W down 2.78%, MONTAGETECH down 2.12% and GIGADEVICE down 1.34%. Three of seven LLM names advanced, two of six AI chip names rose, three of five autonomous driving names gained and one of the two embodied AI names rose.
UBTECH ROBOTICS signed a strategic pact with Tianyi Telecom Terminal targeting more than 100,000 hyper-realistic and wheeled humanoid robot sales; China Mobile and Z.AI signed an agreement bringing GLM models onto the Mobile Cloud MaaS platform; Shanghai released an action plan for AI plus transport; TSMC is moving toward 3D DRAM production at Nvidia's request.

I. Market Overview

On November 9, 2026, the three major Hong Kong indices opened higher across the board, faded after an early push, turned lower in the afternoon and closed near the session low, with all three posting modest losses. The Hang Seng Index closed at 24,448.95, down 0.13%; the Hang Seng TECH Index closed at 4,040.73, down 0.92%; and the Hang Seng China Enterprises Index closed at 8,260.15, down 0.17%. Full-day turnover on the Hang Seng Index reached HKD 173.7 billion, notably below HKD 247.4 billion a day earlier. Of the 20 AI concept stocks, 9 advanced and 11 declined, with autonomous driving and embodied AI names outperforming while LLM names diverged sharply.

In the LLM space, Z.AI (02513.HK) rose 1.78%, MINIMAX-W (00100.HK) rose 0.90%, BIDU-W (09888.HK) rose 0.38%, BABA-W (09988.HK) fell 0.29%, TENCENT (00700.HK) fell 0.33%, KUAISHOU-W (01024.HK) fell 0.35% and MEITUAN-W (03690.HK) fell 6.53%; three of the seven names advanced.

In the AI Chips space, HUA HONG GRACE (01347.HK) rose 2.35%, SMIC (00981.HK) rose 1.01%, BIRENTECH (06082.HK) fell 0.31%, ILUVATAR COREX (09903.HK) fell 0.41%, GIGADEVICE (03986.HK) fell 1.34% and MONTAGETECH (06809.HK) fell 2.12%; two of the six names advanced.

In the Autonomous Driving space, WERIDE-W (00800.HK) rose 6.62%, PONY-W (02026.HK) rose 2.01%, ROBOSENSE (02498.HK) rose 1.00%, BLACK SESAME (02533.HK) fell 0.08% and HORIZONROBOT-W (09660.HK) fell 2.78%; three of the five names advanced.

In the Embodied AI space, UBTECH ROBOTICS (09880.HK) rose 8.99% and XIAOMI-W (01810.HK) fell 0.92%.

II. Market Performance of Representative AI Stocks

Stock Code	Company Name	Closing Price (HKD)	Change(%)	Sector / Concept
09880.HK	UBTECH ROBOTICS	70.300	8.99	Embodied AI
00800.HK	WERIDE-W	11.280	6.62	Autonomous Driving
01347.HK	HUA HONG GRACE	71.850	2.35	AI Chips
02026.HK	PONY-W	35.500	2.01	Autonomous Driving
02513.HK	Z.AI	433.800	1.78	LLM
00981.HK	SMIC	46.040	1.01	AI Chips
02498.HK	ROBOSENSE	15.150	1.00	Autonomous Driving
00100.HK	MINIMAX-W	157.200	0.90	LLM
09888.HK	BIDU-W	78.500	0.38	LLM
02533.HK	BLACK SESAME	6.290	-0.08	Autonomous Driving
09988.HK	BABA-W	104.600	-0.29	LLM
06082.HK	BIRENTECH	19.330	-0.31	AI Chips
00700.HK	TENCENT	418.400	-0.33	LLM
01024.HK	KUAISHOU-W	28.820	-0.35	LLM
09903.HK	ILUVATAR COREX	60.700	-0.41	AI Chips
01810.HK	XIAOMI-W	30.100	-0.92	Embodied AI
03986.HK	GIGADEVICE	293.800	-1.34	AI Chips
06809.HK	MONTAGETECH	179.900	-2.12	AI Chips
09660.HK	HORIZONROBOT-W	3.675	-2.78	Autonomous Driving
03690.HK	MEITUAN-W	75.150	-6.53	LLM

Data Source: HKEX. For reference only, not investment advice. Data as of market close on November 9, 2026.

III. AI Industry & Corporate Developments

1. UBTECH ROBOTICS Signs Broad Strategic Pact with Tianyi Telecom Terminal, Targeting 100,000 Humanoid Robot Sales

On November 9, Daily Economic News reported that Tianyi Telecom Terminal and UBTECH ROBOTICS (09880.HK) signed a comprehensive strategic cooperation agreement. The two sides aim to help the home companion robot market exceed one million units and to push sales of hyper-realistic and wheeled humanoid robots past 100,000 units, cooperating on scaled deployment, joint innovation, channel sharing, scenario building and ecosystem development, and jointly establishing the Tianyi Terminal-UBTECH Robotics Joint Innovation Laboratory to position robots as a touchpoint for AI services. Earlier, on November 6, UBTECH said on its official WeChat account that the world's first bionic humanoid robot news anchors, Xinyan and Xinyu, jointly developed with Xinhua News Agency, were unveiled at the AI and Chinese Modernisation Forum of the 7th World Media Summit. On November 9, the stock rose 8.99% to HK$70.30 on turnover of HK$1.174 billion.

2. China Mobile and Z.AI Sign Cooperation Agreement to Bring GLM Models onto Mobile Cloud MaaS

On November 8, China Mobile and Z.AI (02513.HK) signed a cooperation agreement covering domestic computing power, large model services and AI commercialisation. Z.AI's GLM series models will be integrated into the Mobile Cloud MaaS platform, with cooperation spanning the full chain from underlying compute supply and model services to commercial distribution. The two sides will focus on domestic compute adaptation and model tuning, jointly build a Token development centre, co-build an intelligent product matrix and co-develop AI Coding products. Earlier, on November 6, China Mobile said at the 2026 Mobile Network Congress that its 2027 procurement would exceed RMB 500 billion, including more than RMB 100 billion of computing investment; Chairman Chen Zhongyue said compute is the company's largest source of investment growth and that intelligent computing capacity will double for two consecutive years. Z.AI rose 1.78% to HK$433.80 on HK$2.395 billion of turnover on November 9.

3. Shanghai Releases Action Plan for AI Plus Transport

According to information published on November 9 on the websites of the Ministry of Transport and the Shanghai Municipal Transport Commission, the Shanghai Action Plan for Innovative Applications of AI Plus Transport was officially released at the Shanghai AI Plus Transport 2026 event held at the National Exhibition and Convention Center on November 7. The plan covers ports and shipping, airports and civil aviation, rail transit, road transport, autonomous driving, postal logistics and government services, and sets out implementation paths across four dimensions: core factor supply, scenario innovation, development mechanisms and safeguards. Under the plan, Shanghai will build three technology foundations, namely transport large models and agents, high-quality industry datasets and computing clusters, strengthen computing support through the Yangtze River Delta national computing hub, and advance projects including MaaS integrated mobility, tunnel-group digital twins and unmanned port collection and distribution. The event also launched an AI application pilot base for shipping and logistics hubs and unveiled the Yangtze River Delta coordination centre of the transport large model industry alliance.

4. TSMC Moves Toward 3D DRAM at Nvidia's Request as October DRAM Contract Prices Rise 5.77%

On November 9, multiple media outlets reported that TSMC is considering expanding into advanced memory chip manufacturing and has begun planning production of 3D DRAM at the request of its largest customer Nvidia; the product differs from the HBM widely used in AI accelerators. On pricing, DRAMeXchange, a unit of TrendForce, put the average contract price of general-purpose DRAM at USD 27.5 in October, up 5.77% from USD 26 in September, and the research house expects PC DRAM contract prices to rise 13% to 18% sequentially in the fourth quarter of 2026. Hong Kong semiconductor names diverged, with HUA HONG GRACE up 2.35% and SMIC up 1.01%, while MONTAGETECH fell 2.12% and GIGADEVICE 1.34%.

5. MEITUAN Falls 6.53% after Morgan Stanley Cuts Rating to Equal-Weight

On November 9, MEITUAN-W (03690.HK) fell 6.53% to HK$75.15 on turnover of HK$5.036 billion, the largest decliner in the AI concept pool. According to reports by Guandian and other media, Morgan Stanley cut its rating on Meituan to equal-weight on November 9, also downgraded PDD to equal-weight and named Alibaba its preferred pick among China internet stocks, citing its differentiated AI and cloud exposure. The Hang Seng TECH Index weakened through the afternoon and closed down 0.92%.

IV. Profiles of Representative AI Concept Stocks

Company Name	Stock Code	Industry Position	Main Product Lines & Business Overview
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.
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.
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. It provides customized manufacturing in power devices, embedded non volatile memory, analog ICs, and power management chips, with multiple automotive grade certifications and sustained high capacity utilization.
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.
Z.AI	02513.HK	A leading player in China's independent LLM sector	Has launched its flagship next-gen model GLM-5.2, achieving open-source SOTA performance in coding and agentic capabilities. In partnership with Huawei, it open-sourced the multimodal image model GLM-Image. Focusing on novel model architectures, universal reinforcement learning paradigms, and autonomous model evolution, its business model closely aligns with enterprise AI productivity adoption.

AI Ubtech Robotics WERIDE-W