Hong Kong Stock Concept Tracking | Tesla responds to FSD entering China, autonomous driving concept attracts attention (with concept stocks)
Tesla responds to FSD entering China, with the concept of autonomous driving attracting attention. Tesla CEO Elon Musk mentioned accelerating the landing of autonomous driving technology in China. Industrial Securities believes that Tesla is the anchor of intelligent driving, and the intelligent driving sector has sectoral opportunities. CITIC Securities released a research report stating that domestic leading intelligent driving car companies are also actively following up. Companies related to the autonomous driving concept include Baidu, ZhiXing Auto Technology, NIO, and Zhejiang Shibao. Tesla's FSD V12 is starting to land in North America, and the new "end-to-end" architecture is expected to enhance autonomous driving capabilities. It is expected that the intelligent driving market will continue to be catalyzed
Regarding the recent market attention on Tesla's full self-driving (FSD) entry into China, Tesla responded that there is currently no timetable for FSD to enter China.
On April 28th, Tesla CEO Elon Musk visited China, and the official Tesla Weibo account mentioned accelerating the implementation of autonomous driving technology.
Industrial Securities believes that Tesla is the anchor of intelligent driving, and the subsequent progress of FSD may exceed expectations. There may be more event-driven catalysts within the year, presenting sectoral opportunities in the intelligent driving sector.
Tesla's FSD V12 is accelerating its implementation in North America, with a comprehensive rollout expected soon. The new "end-to-end" architecture is expected to significantly enhance FSD's intelligent driving capabilities and user experience. Tesla's intelligent driving is expected to usher in its own ChatGPT moment.
CITIC Securities released a research report stating that domestic leading intelligent driving companies are actively following up on end-to-end architecture. Coupled with Xiaomi's SU7 listing, the April Beijing Auto Show, Horizon Robotics submitting its Hong Kong IPO prospectus, and the upcoming release of the first batch of L3 pilot lists, the sector's sentiment is expected to receive sustained catalysts. The current intelligent driving trend is still promising.
Companies related to autonomous driving concepts:
Baidu Group-SW (09888): Tesla is reportedly collaborating with Baidu in China on map and navigation functions.
ZhiXing Auto Technology (01274): ZhiXing Auto Technology is a Chinese provider of autonomous driving solutions, focusing on autonomous driving domain controllers. The company has commercialized L2 to L2+ level autonomous driving solutions (L2+ level is not an official classification under SAE standards) and is developing L2 to L4 level autonomous driving solutions for original equipment manufacturers (OEMs). Public information shows that the company has received designated letters from 16 well-known OEM customers, such as Geely, Great Wall Motors, Chery, and Dongfeng Motors, who have already purchased or are expected to purchase the company's autonomous driving domain controllers and iFC products.
NexTech Auto (01316): The company, together with its subsidiaries (referred to as the group), is mainly engaged in designing and manufacturing steering and power transmission systems, advanced driver assistance systems (ADAS), autonomous driving (AD), and component businesses for automobile manufacturers and other automotive-related companies.
Zhejiang Shibao (01057): Zhejiang Shibao's products include steering columns, DP-EPS, R-EPS, intelligent steering systems, wire-controlled steering systems, and other products
