HK Stock Market Move | Chongqing Sokon Industry Group Stock (09927) rises nearly 9% again; AITO plans to enter the European market next year; JAC denies rumors of handing over Zunjie.

Chongqing Sokon Industry Group Stock (09927) closed up more than 15% yesterday and rose nearly 9% again in early trading today. As of press time, it was up 4.16% at HK$40.54, with a turnover of HK$217 million. On the news front, on October 12, Chongqing Sokon Industry Group Stock Group showcased four models the AITO M9, M8, M7, and M6 along with technological achievements such as the Magic Cube technology platform at the 2026 Paris Motor Show, and announced that it will enter the European market in the autumn of 2027. According to the company, in order to better integrate into the European market, AITO is advancing regulatory compliance certification and localized operations. It is worth noting that, according to Jiemian, market rumors recently emerged that HarmonyOS Smart Mobility's Zunjie ultra-luxury SUV project is planned to be transferred to Chongqing Sokon Industry Group Stock for production, and the Zunjie brand may abandon its SUV model plans. The related news stimulated Chongqing Sokon Industry Group Stock's share price for two consecutive days. In response to the market rumors, according to Yicai, an insider at Anhui Jianghuai Automobile Group Corp.,Ltd. said, "This is false information." As of press time, Chongqing Sokon Industry Group Stock has not yet made a formal public response to the rumor.