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Changes in Hong Kong stocks | Zhejiang Shibao (01057) rose nearly 7%, and the net profit of catalytic-intensive companies in the smart driving sector increased sharply in the first half of the year
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The Zhitong Finance App learned that Zhejiang Shibao (01057) rose nearly 7%, and the company's A shares stopped today. As of press release, it rose 6.82% to HK$4.23, with a turnover of HK$122 million.

According to news, Zhejiang Shibao achieved operating revenue of RMB 1,721 billion in the first half of this year, an increase of 12.9% over the previous year; net profit attributable to shareholders of listed companies was RMB 104 million, an increase of 11.48% over the previous year. During the reporting period, benefiting from the continuous improvement of the competitiveness of the company's electrified and intelligent steering system products, the increasingly rich product line, and the company's long-term commitment to first-level supporting business in the automotive industry to accumulate rich high-quality customer resources, the company's sales to major customers continued to grow.

Recently, there has been intense catalytic activity in the field of intelligent driving. Didi Autonomous Driving's next-generation Robotaxi R2 has recently officially launched an unmanned passenger testing service. Users can call for orders to experience intelligent travel services in some demonstration areas in Beijing and Guangzhou. Additionally, Tesla will launch the Cybercab, a driverless model without a steering wheel and no pedals, in Austin on September 3, local time.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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