Changes in Hong Kong stocks | Zhejiang Shibao (01057) rose more than 8%, net profit increased 11.48% year-on-year in the first half of the year, and the smart driving sector ushered in catalysis

The Zhitong Finance App learned that Zhejiang Shibao (01057) rose more than 8%. As of press release, it had risen 8.11% to HK$4.065, with a turnover of HK$42,6393 million.

According to the news, Zhejiang Shibao announced its 2026 interim results, with operating revenue of RMB 1,721 billion (same unit), 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.

It is worth mentioning that the field of intelligent driving has ushered in catalysis. According to reports, Tesla has informed employees that it is preparing for the public launch of Cybercab. This is Tesla's first model without a steering wheel and brake pedals. According to reports, Tesla plans to first launch Cybercab to the public in Austin, Texas, and is likely to launch this month as soon as possible.