NewTimeSpace News: On June 30, 2026, RoboSense (02498.HK) edged higher in the morning trading session. As of 09:37, its intraday price stood at HK$22.64, representing a rise of 3.76%. According to data from Gaogong Intelligent Automobile Research Institute, the penetration rate of L2 (including L2+) advanced driver assistance systems (ADAS) hit 66% by the end of 2025, and is projected to exceed 70% in 2026.
NewTimeSpace News: Shanghai Bao Pharmaceuticals disclosed in a voluntary announcement dated June 30 that the clinical trial application for its self-developed recombinant ulinastatin (Injection BJ044) has been approved by the National Medical Products Administration (NMPA), authorising the initiation of clinical trials.
Hope Life International (01683.HK) announced a strategic cooperation framework with AI Development Group (Hong Kong) and Super Helios to build the WOPC Global Entrepreneur Platform with Samoa as a financial pivot, and gradually develop a global decentralized digital finance center. The cooperation will proceed in four stages, with plans for mainland and overseas joint ventures. The Company emphasized that this is only a framework agreement without specific terms and does not constitute a notifiable transaction.
On June 29, Hong Kong equities rebounded robustly, led by large-cap tech and semiconductor stocks. Baidu gained over 5% following reports of a USD 50 billion target valuation for its AI chip subsidiary Kunlunxin's planned HK IPO, while Horizon Robotics and XUNCE both surged over 14%. On the regulatory front, China's SAMR officially issued seven national standards for AI Agent Interconnection, accelerating the standardization and compliant deployment of agent ecosystems. Globally, foundational model competition intensified: OpenAI launched its GPT-5.6 series with restricted access governed by US directives, and xAI initiated internal beta testing for Grok 4.5, announcing a strategic shift toward monthly model iterations.
NewTimeSpace News: Singapore-listed CDW Holding announced on June 29 that LNP-LANFA, a next-generation lipid nanoparticle (LNP) technology co-developed by its subsidiary A Biotech and Neoregen Biotech, has achieved groundbreaking results in animal studies.
NewTimeSpace News: On June 29, 2026, XPENG-W(09868.HK) strengthened during the afternoon trading session. As of 13:51, its intraday price stood at HK$47.86, representing a 5.00% gain. XPeng maintained a high consolidated gross margin in Q1 2026 and issued guidance pointing to steady growth for Q2 2026.
NewTimeSpace (newtimespace.com) News: On June 29, 2026, the Hang Seng Tech Index rose substantially, and Hong Kong chip-related stocks strengthened. SMIC(00981.HK) fluctuated upward. As of 13:30 PM, the company's share price was quoted at HK$81.900, up 2.38%.
NewTimeSpace (newtimespace.com) News, On June 29, 2026, the Hang Seng Tech Index in the Hong Kong stock market rose substantially, and robot-related stocks strengthened. UBTECH (09880.HK) rebounded and moved higher. As of 13:10 PM, the company's share price was quoted at HK$93.600, up 3.94%.
NewTimeSpace (newtimespace.com) News,On June 29, 2026, large model concept stocks in the Hong Kong stock market strengthened. Mininglamp Technology (2718.HK) opened lower but moved higher, with its intraday gain once approaching 8%. As of 10:50 AM, the company's share price was quoted at HK$226.000, up 3.57%.Choice data shows that since June 11, the share price of the large model concept stock Mininglamp Technology (2718.HK) has surged by over 30%, achieving an anti-trend rally against the volatile weakening of the Hang Seng Tech Index.
CaoCao Inc. (02643.HK) announced that Turing Award winner Professor Joseph Sifakis has been appointed Chief Scientific Advisor of its AI Innovation Center, jointly established with the Shanghai AI Research Institute. This marks his first deep engagement with a Chinese technology company's AI strategy. The Center will focus on AI, autonomous driving, and intelligent mobility systems to support the Company's RoboX strategy and transformation into an AI technology company.
Hong Kong stocks corrected sharply this week, with the HSI and Hang Seng TECH Index sliding 5.2% and 7.5% respectively. LLM concept stocks mirrored this high-volatility, "rally-then-fallback" trajectory, where Mininglamp showcased absolute resilience while MiniMax pulled back significantly under lock-up expiration overhang. Sector fundamentals remain exceptionally robust: Chinese models swept the top four spots as global call volumes rose for a ninth week; DeepSeek debuted on the Hurun Index at a RMB 340 billion valuation; OpenAI unveiled its custom inference chip "Jalapeño"; and tech heavyweights Alibaba, Tencent, Baidu, and Volcano Engine launched a series of milestones across Agent infrastructure, native world models, and hyper-discounted enterprise Token subscription plans.
On June 26, Hong Kong stocks tumbled unilaterally, triggering a sharp correction across the LLM and semiconductor sectors, with ZHIPU AI and Biren Technology leading the declines. Despite secondary market pressure, primary and product developments remained highly robust: DeepSeek launched a massive recruitment campaign to double its headcount and debuted 12th on the Hurun Global Unicorn Index with a RMB 340 billion valuation. Meanwhile, Tencent's OS-level AI assistant Marvis achieved full-platform coverage with its iOS launch, and SenseTime disclosed a 7-fold monthly surge in enterprise token usage alongside its Raccoon agent hitting 20 million users.
NewTimeSpace (newtimespace.com) News: On June 26, 2026, the chip sector experienced a volatile retracement. HUA HONG GRACE(01347.HK) fluctuated downward. As of 13:33 PM, the company's share price was quoted at HK$188.300, down 2.33%.
NewTimeSpace (newtimespace.com) News: On June 26, 2026, the humanoid robot sector continued to weaken. Midea Group (00300.HK) fluctuated and turned green. As of 13:15 PM, the company's share price was quoted at HK$79.400, edging up 0.25%.
NewTimeSpace News: Fusen Pharmaceutical Company Limited (01652.HK) announced that the marketing application for Peramivir Injection developed by its wholly-owned subsidiary Jiaheng (Zhuhai Hengqin) Pharmaceutical Technology Co., Ltd. has been approved by the NMPA for the treatment of influenza A and B. The product is listed as a Class B medicine under the National Medical Insurance Catalogue, and sales of relevant peramivir formulations in China surpassed RMB800 million in 2025.
Recently, Mininglamp Technology (2718.HK) officially released the Mano-CUA-2.0 version, an edge-side GUI VLA model tailored for AI PCs, and concurrently launched its "Thinking Mode." The newly upgraded Mano-CUA-4B-2.0 is already available for download and deployment on Hugging Face and ModelScope.