Core Insights - The company Xiaoma Zhixing-W (2026.HK) opened up 5.61% at HKD 101.6, following a 5.88% increase in the US market to USD 13.33, which translates to HKD 103.48 per share [1] Financial Performance - For Q3 2025, the company reported total revenue of CNY 181 million, representing a year-on-year growth of 72%, marking three consecutive quarters of revenue growth [1] - The revenue growth was primarily driven by strong performance in Robotaxi and technology licensing and application revenues [1] - The Robotaxi segment achieved revenue of CNY 47.7 million, reflecting a year-on-year increase of 89.5% [1] Business Operations - The seventh-generation Robotaxi will commence fully autonomous commercial operations in Beijing, Guangzhou, and Shenzhen starting in November [1] - In Guangzhou, the seventh-generation Robotaxi has achieved positive unit economics, with an average daily order volume of 23 orders per vehicle [1]
港股异动丨小马智行高开5.6%，第三季度Robotaxi业务收入同比大增89.5%