HK Movers | Biomedical Stocks Jump With Ascletis Pharma up 21%, Sirnaomics up 11%

On September 11, Tesla (TSLA) officially unveiled the European-spec version of the Semi and confirmed that customer deliveries will begin in 2027. Tesla is expected to showcase the physical vehicle and release further market rollout details at the IAA Transportation commercial vehicle show in Hanover (September 15–20). Meanwhile, Morgan Stanley noted in its latest research report that Tesla is becoming a "credible emerging competitor" in the autonomous trucking sector, significantly raising its bull-case valuation for the company's autonomous truck business.

TradingKey - US IPO proceeds in 2026 have reached a record high, but post-IPO stock performance has not strengthened in tandem. As companies like Oura and Anthropic move forward with their listings, September and October will further test investor appetite for high-valuation new stocks.

SpaceX employs a phased, rolling share unlock mechanism. Although frequent share releases create potential selling pressure, strong earnings results and buying interest have successfully absorbed the market supply. As the lockup expirations conclude by mid-2027, this selling overhang will dissipate, giving SpaceX the potential to reclaim its $225 high. However, sustained momentum will still require fundamental catalysts such as Starlink profitability and the commercialization of Starship.

TradingKey - Qualcomm stock forecast, QCOM technical analysis, Qualcomm Amazon AI deal, Dragonfly data center, Qualcomm automotive growth

Copper prices recently reached an all-time high of $14,533, registering a cumulative gain of 17% over the past year. Underpinning this record rally is a long-standing narrative championed by copper bulls for years: aging major global mines struggle to keep pace with demand growth driven by AI data centers, renewable energy, and power grid construction. The gains over the past year have been supported precisely by this long-term supply-demand mismatch.