异动解读 | 小马智行盘中大跌5.19%,港股上市前夕暗盘表现疲软

异动解读
Nov 05, 2025

11月5日,自动驾驶领域的领军企业小马智行股价在盘中出现大幅下跌,跌幅达5.19%。这一显著跌幅引发了市场的广泛关注。

消息面上,小马智行近期动作频频。公司宣布其第七代Robotaxi已于11月5日起在广州、深圳等地正式投入运营。据悉,这款新一代自动驾驶出租车采用100%车规级零部件,自动驾驶套件总成本较上代下降70%,为自动驾驶规模化量产和运营落地扫清了关键障碍。

然而,在即将于11月6日登陆港交所之际,小马智行在港股暗盘交易中表现疲软。截至暗盘收市,公司股价下跌11.15%,报123.5港元/股,低于139港元的发行价。此外,公司美股近5个交易日累计跌幅超过24%,显示出投资者信心有所动摇。分析人士指出,自动驾驶企业股价的近期波动,反映了市场对持续亏损扩大与商业化节奏慢于预期的担忧,本质上是从高估值幻想向现实商业模型的理性重估。

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10