HK Stock Market Move | Smart driving concept stock strong, Zhejiang Shibao (01057) surges over 17%, Tesla's supervised version of FSD officially supports China.
Smart driving concept stocks performed strongly, as of the time of publication, Zhejiang Shibao (01057) rose by 17.13%, trading at 5.47 Hong Kong dollars; Youjia Innovation (02431) rose by 9.78%, trading at 8.87 Hong Kong dollars.
The concept stocks of autonomous driving performed strongly. As of the time of publication, Zhejiang Shibao (01057) rose by 17.13% to HK$5.47; MINIEYE (02431) rose by 9.78% to HK$8.87; WERIDE-W (00800) rose by 7.46% to HK$19.44; NEXTEER (01316) rose by 6.74% to HK$5.07.
On the news front, on May 21st, Tesla officially announced the latest layout of the supervised version of FSD, mentioning that the supervised version of FSD can be used in China. According to Interface News, Tesla China recently released several recruitment positions related to intelligent driving testing, sparking speculation in the industry about the accelerated landing of its FSD in the Chinese market. As a consumer, Interface News consulted Tesla's official customer service, and the response was: "The 64,000 yuan intelligent driving assistance function is not suitable for all vehicles, some only support the 32,000 yuan enhanced driving assistance function. The company is actively pushing forward the approval work according to the relevant national regulations, and once approved, it will be pushed to domestic customers as soon as possible."
On April 23rd of this year, Tesla's Chief Financial Officer clearly stated during the first quarter earnings conference call that the company is closely communicating with Chinese regulatory authorities, striving to obtain full approval for FSD in China in the third quarter of 2026. At the same time, Tesla China is also accelerating its technological groundwork. In early May, Tesla has updated the owner's manual to version 2026.14, officially adding a complete functional introduction of FSD V14, further improving the information support for intelligent driving in China.
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