Changes in Hong Kong stocks | Some smart driving concept stocks continue to rise, China's smart driving officially enters the L3 era, and the value of the industrial chain is expected to accelerate restructuring

Zhitong Finance App learned that some smart driving concept stocks continued to rise. As of press release, Zhejiang Shibao (01057) rose 6.59% to HK$4.85; Youchao Innovation (02431) rose 3.11% to HK$11.26; Wenyuan Zhixing-W (00800) rose 3.1% to HK$22.6; and Hesai-W (02525) rose 3.49% to HK$166.1.

According to the news, on December 15, the Ministry of Industry and Information Technology announced entry permits for the first batch of L3 class conditional autonomous driving models in China, namely Changan and BAIC Blue Valley. Subsequently, Xiaopeng Motor also announced that it had obtained an L3 autonomous driving road test license in Guangzhou. Furthermore, Ideal Auto has recently obtained an L3 autonomous driving road test license in Beijing, and continues to carry out normalized L3 road tests.

Cathay Pacific Haitong Securities released a research report saying that the Ministry of Industry and Information Technology's vehicle license marks the official entry of autonomous driving in China into the L3 era. Huatai Securities, on the other hand, said that L3 entry and implementation will accelerate the restructuring of the smart driving industry chain. Smart driving is expected to become an important direction for AI applications in '26. It is recommended to focus on investment opportunities in core areas such as smart vehicles, wire-controlled chassis, domain control chips, and lidar.