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IMOTIONAUTOTECH (01274.HK) Collapses 40% on 3D Free Fall
2024-05-03 15:19:36
IMOTIONAUTOTECH (01274.HK) marked a three-day free fall after setting an all-time high. It last printed at $58.8, collapsing 40.46%, on volume of 391,300 shares and turnover of $32.0779 million.

According to hearsay, Tesla (TSLA.US) had started cooperation with BIDU-SW (09888.HK) on map and navigation functions this Monday (29 April), removing major obstacles for Tesla's Full Self-Driving (FSD)'s foray into Mainland China market.

In response, HK-listed stocks with self-driving concept were in demand on that day. IMOTIONAUTOTECH were amongst them, hitting a new high and concluding at $112.3.
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