---
title: "Hong Kong Stock Market Update: UBTECH ROBOTICS surged over 8% as it was recently included in the Stock Connect program. The company expects an increase in revenue contribution from its humanoid robot business."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/109807757.md"
description: "UBTECH ROBOTICS's stock price has risen by over 8%, with an expected increase in revenue from humanoid robot business. The company was included in the Hang Seng Composite Index and the Hang Seng Stock Connect Greater Bay Area Composite Index on March 4, entering the list of securities eligible for trading under the Stock Connect program. Guotai Junan Securities stated that 2024 will be the eve of mass production of humanoid robots, with humanoid robots actively participating in industrial interactions to prepare for true mass production. Additionally, the company expects short-term contributions from education and logistics robots in the future, while revenue from humanoid robot business is anticipated to increase."
datetime: "2024-03-13T02:13:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/109807757.md)
  - [en](https://longbridge.com/en/news/109807757.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/109807757.md)
---

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# Hong Kong Stock Market Update: UBTECH ROBOTICS surged over 8% as it was recently included in the Stock Connect program. The company expects an increase in revenue contribution from its humanoid robot business.

Zhitong App has learned that UBTECH ROBOTICS (09880) is currently up by over 8%, as of the time of publication, it has risen by 7.3% to HKD 195, with a turnover of HKD 70.2458 million.

On the news front, UBTECH ROBOTICS was included in the Hang Seng Composite Index and the Hang Seng Shanghai-Hong Kong Stock Connect Greater Bay Area Composite Index on March 4th, and officially entered the list of securities eligible for trading under the Stock Connect scheme. Guotai Junan Securities stated that 2024 will be the eve of mass production of humanoid robots. In order to find suitable application scenarios and quickly complete debugging in established scenarios, humanoid robots will be intensively involved in industrial interactions to prepare for mass production. At the same time, as the mass production milestone approaches and product finalization is completed, suppliers will enter a capital expenditure cycle, with optimism towards related upstream equipment suppliers.

Guoyuan International released a research report stating that the 2024 Government Work Report of the National Two Sessions proposed to "accelerate the development of new productive forces"; CCTV's special program on the Two Sessions reported on the company's educational robot products, humanoid robot products, and humanoid robots entering new energy vehicle production lines. In addition, the company expects short-term contributions to come mainly from educational and logistics robots, with an increasing contribution from humanoid robot business revenue. The report points out that humanoid robots, as a key development direction of future manufacturing industry technology, are expected to continue to maintain high-quality development. It is worth paying attention to the development progress and application of the company's related products.

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- [UBTECH ROBOTICS (09880.HK)](https://longbridge.com/en/quote/09880.HK.md)

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