The Hang Seng Index fell 247 points, with property and commodity stocks leading the decline. Nio Inc. rose 13%.
Market concerns about the economic outlook of China and the usa, with the usa adding 0.142 million non-farm jobs in August, falling short of expectations, and China's CPI rising 0.6% year-on-year in August, lower than expected, while PPI fell 1.8% year-on-year, exceeding expectations. The Hang Seng Index (9th) fell. The Hang Seng Index opened low by 182 points and the decline expanded. In the afternoon, it fell by 376 points to 17,067 points, down 247 points or 1.4% for the whole day, closing at 17,196 points; the National Index fell by 102 points or 1.7%, closing at 6,002 points; the Hang Seng Tech Index fell by 51 points or 1.5%, closing at 3,436 points. The Hang Seng Index series quarterly review and weight adjustment take effect today, with the full-day market turnover.
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Tesla's autonomous driving technology is expected to be launched in Q1 next year, which Hong Kong stocks are likely to benefit?
① What is the current situation of Tesla's autonomous driving technology? ② How do institutions view autonomous driving technology?
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Hong Kong Stock Market Concept Tracking | Will tesla (TSLA.US) FSD enter China in the first quarter of next year? is expected to stimulate domestic smart driving "catfish effect" (with concept stocks)
On September 5th, Tesla (TSLA.US) AI team released a product roadmap, which expects to launch Fully Self-Driving (FSD) in China and Europe in the first quarter of 2025, but still pending regulatory approval.