On August 27, Hong Kong-listed Manycore Tech released its interim results for 2026.
During the reporting period, the spatial intelligence company generated RMB 405 million (USD 60.1 million) in revenue, while its overall gross margin rose to a record 83%. Adjusted net profit reached RMB 55.42 million (USD 8.2 million), up 211% year-on-year and approaching the level recorded for all of last year.
The same day, Manycore launched Lux3D, a 3D generation model, and began internal testing of a new-generation world model product. The technology announcements lifted investor sentiment, with the company’s shares closing 6.97% higher.
Beyond the earnings release, Manycore could also become eligible for Southbound Stock Connect in early September, potentially broadening its investor base and improving the stock’s liquidity and market visibility. The company was recently selected as a constituent of the Hang Seng Composite Index, with the change set to take effect on September 7.
More notable than the improvement in profitability is the way spatial intelligence is moving from a technology foundation toward commercial monetization.
