HK Stock Market Move | Ningbo Joyson Electronic Corp. (00699) surged over 11% in the afternoon session as Tesla's "flying car" ignited the concept; the company is advancing its layout in Siasun Robot&Automation, the low-altitude sector, and other areas.

Ningbo Joyson Electronic Corp. (00699) extended its afternoon gains to over 11%, while its A-shares hit the daily limit. As of press time, it rose 11.01% to HK$10.89, with a turnover of HK$68.6994 million. On the news front, on October 15 local time, Tesla's second-generation Roadster supercar made its debut at a launch event, with the "flying" capability that Tesla CEO Musk has mentioned many times previously becoming the focus of the on-site demonstration. Tesla's second-generation Roadster supercar is equipped with a cold gas propulsion system code-named "A71," jointly developed with SpaceX. In the demonstration, the vehicle can rush up an almost vertical wall and attach to it, land in the air like a rocket, and also perform rolling and jumping maneuvers. It is worth noting that Ningbo Joyson Electronic Corp. positions itself as an "Automotive + Siasun Robot&Automation Tier 1" and is actively laying out the emerging intelligent agent industry chain. In the low-altitude sector, the company supplies foreign eVTOL companies with an integrated three-in-one product of battery management (BMS), DC voltage conversion (DC/DC), and power distribution unit (PDU); in the Siasun Robot&Automation sector, the company provides emerging intelligent agents with a comprehensive energy solution of "cells/modules/battery packs + battery management system + data services + recharging," and its embodied intelligence business is accelerating commercialization.