Hong Kong Stock Market Update: UBTECH ROBOTICS soared nearly 57% in the afternoon, with a total market value surpassing HKD 70 billion at one point. Institutions reported that the progress of the Walker S function exceeded expectations.

UBTECH ROBOTICS surged nearly 57% in the afternoon, with a market value exceeding HKD 70 billion at one point. As of the time of writing, it rose by 44.71% to HKD 156, with a trading volume of HKD 121 million. On the news front, on the afternoon of February 22, UBTECH ROBOTICS showcased the latest video of its humanoid robot Walker S on its official WeChat video account. In the video, Walker S participated in door lock quality inspection, car light cover detection, seat belt inspection, and sticker application at the NIO-SW factory. Guotai Junan Securities pointed out that the addition of partner NIO-SW in this disclosure indicates an accelerated progress in the introduction of humanoid robots into car factories. Combining relevant domestic and international cases such as Optimus with Tesla, Figure01 with BMW, and XPeng PX5, humanoid robots have a high certainty of landing on automobile production lines. This first entry into the NIO-SW factory for training has already begun the action of sticker application, indicating that the progress of robot functions is exceeding expectations.