HK Stock: Smart Driving Concept Strengthens, Autonomous Driving Innovation Surges Over 10%

BlockBeats News, September 4th, according to Bitget market data, the Hong Kong stock market saw a strong performance in the smart driving concept sector. UP Fintech Holding Limited (02431.HK) rose by over 10%, WeRide (02525.HK) rose by over 8%, XMotors Technology Limited (02026.HK) rose by over 7%, Baidu (09888.HK) rose by over 5%, and TuSimple Holdings Inc. (02498.HK) rose by over 4%.

On the news front, Tesla announced on September 3rd local time that the Cybercab, a self-driving electric vehicle, has officially started operations in Austin, USA. Tesla stated that this model does not have a steering wheel, pedals, or side mirrors, and will operate with higher efficiency to meet more transportation needs.