Hong Kong Stock Market Update: UBTECH ROBOTICS continues to soar by over 52%, setting new highs. Analysts believe humanoid robots are poised to lead the wave of intelligent manufacturing.
UBTECH ROBOTICS surged over 52%, hitting a new high of HKD 320. As of the time of writing, it rose by 42.31% to HKD 288.6, with a turnover of HKD 89.2818 million. On the news front, UBTECH ROBOTICS was recently included in the Stock Connect program and became effective on March 4th. Additionally, on the afternoon of February 22nd, UBTECH ROBOTICS revealed that its industrial humanoid robot, Walker S, has been undergoing "training" at NIO-SW's car factory, involving tasks such as adaptive walking on moving production lines, robust odometer and walking planning, autonomous perception and system data communication, and task scheduling. Dongwu Securities pointed out that UBTECH ROBOTICS is the first domestic humanoid robot listed company, holding over 1800 patents and leading the industry. The firm believes that humanoid robots have the dual attributes of AI + high-end manufacturing. In the era of China's declining demographic dividend, rising labor costs, and accelerated artificial intelligence substitution across industries, its versatility can cover industrial, commercial, and household scenarios, with a trillion-dollar market space waiting to be explored, potentially becoming a new engine for future economic development.
Zhitong App learned that UBTECH ROBOTICS (09880) surged over 52% again, hitting a high of HKD 320, setting a new record on the market. As of the time of publication, it rose by 42.31% to HKD 288.6, with a turnover of HKD 89.2818 million.
On the news front, UBTECH ROBOTICS was recently included in the list of Hong Kong Stock Connect securities, effective from March 4. Additionally, on the afternoon of February 22, UBTECH ROBOTICS revealed that its industrial humanoid robot, Walker S, has been undergoing "training" at NIO-SW's car factory. The tasks include adaptive walking for starting and stopping the moving production line, robust odometer and walking planning, autonomous perception and system data communication, and task scheduling.
East China Securities pointed out that UBTECH ROBOTICS is the first domestic humanoid robot listed company, holding over 1800 patents and leading the industry. The firm believes that humanoid robots have the dual attributes of AI + high-end manufacturing. In the era of China's declining demographic dividend, rising labor costs, and accelerated artificial intelligence substitution in various industries, its versatility can span across industrial, commercial, and household scenarios. With a trillion-dollar market space waiting to be explored, it is expected to become a new engine for future economic development.