On May 26, UISEE Technology (01511.HK) rose 5.93% in regular trading, trading at 62.5 HKD/share, with trading volume of HKD 38.22 million. The stock surpassed its IPO price of 60.3 HKD for the first time since listing, marking a meaningful recovery from its subdued debut.

UISEE Technology listed on the Hong Kong Stock Exchange on May 20 as the first full-scenario L4 autonomous driving stock. On its debut, the stock opened at 56 HKD, falling as much as 13% intraday, extending the broader pattern of first-day declines seen in autonomous driving IPOs including WeRide, Pony.ai, and CiDi. The stock subsequently staged a recovery rally over the following sessions.

Fundamentally, the company commands a dominant 90.5% market share in L4 commercial vehicle autonomous driving at airports in Greater China and 31.7% in factory scenarios, both ranking first. The Hong Kong public offering phase attracted 6,777 times oversubscription, reflecting strong retail demand. Despite three-year cumulative net losses of RMB 655 million, the company's gross margin reached 51.1% and it has guided toward breakeven within three years.

UISEE Technology is a China-based provider of unmanned L4-level autonomous driving solutions, focusing on commercial vehicles in closed scenarios such as airports and factories, with solutions spanning L2 to L4 levels across logistics, operations, and passenger vehicles in both domestic and international markets.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)