Partnership Announcement: BLACK SESAME has formed a strategic partnership with Lenovo Research's robotics lab to collaborate on robotic computing platforms and software application algorithms.

Focus on Innovation: The collaboration aims to enhance indigenous innovation and develop new-generation intelligent robotic products, including robotic dogs, utilizing BLACK SESAME's SesameX multi-dimensional embodied intelligence computing platform.

Market Performance: The HSI closed slightly up by 4 points at 25,835, while the HSTI and HSCEI saw declines of 32 points and 7 points, respectively, with a total market turnover of $245.14 billion.

Active Heavyweights: Notable stock movements included Xiaomi down 2.9%, CCB up 1.1%, and Alibaba down 1.0%, with significant short selling activity across these stocks.

HSI & HSCEI Constituents: LINK REIT experienced a significant drop of 6.4%, while TECHTRONIC IND rose by 5.4%. Other notable movements included XPENG down 4.5% and LI NING up 4.0%.

HSMI & HSSI Constituents: CENTRAL NEW EGY saw a sharp decline of 16.1%, and BLACK SESAME fell by 10.4%, indicating volatility in smaller stocks within the market.

Intelligent Driving as a Core Function: The NEV industry is focusing on intelligent assisted driving, with intelligent driving chips emerging as crucial components, driving high value in the automotive sector.

Market Dynamics and Growth: Chinese car makers are promoting affordable models with advanced driving features, while local chip suppliers are expanding their market share through cost-effective products and mass production capabilities.