China's intelligent vehicle stocks jump after first L-3 autonomous cars approved

Baic Motor

16/12/2025 01:55

** China's intelligent vehicle stocks jump after regulators approved for the first time two Chinese cars with level-3 autonomous driving capabilities

** The CSI Intelligent Vehicle Index .CSI930721 rise roughly 1% in early trading while the broader market sag

** The Ministry of Industry and Information Technology approved the two electric sedans from state-owned automakers Changan Auto 000625.SZ and BAIC Motor 600733.SS

** It marks the first time such vehicles have been cleared by the national regulator as legitimate products ready for mass adoption

** Changan Auto jumps more than 3%, hitting three-week highs, while BAIC Motor surges more than 5%

** VanJee Technology 002703.SZ jumps a maximum 20% for the day

** Zhejiang Shibao 002703.SS and Soling Industrial 002766.SZ both hit upper limit of 10%

((samuel.shen@tr.com))