
On the settlement date, Hong Kong stocks' afternoon gains expanded to over 260 points, with the robotics sector being hotly traded. Sanhua, DOBOT, and UBTECH ROBOTICS rose by 9% to 16%
On the settlement date, Hong Kong stocks today (30th) fluctuated upwards, with the afternoon gains expanding. The Hang Seng Index is currently at 25,902 points, up 267 points or 1.05%, with a turnover of HKD 139.669 billion.
DOBOT (02432.HK) is currently at HKD 39.3, up 15.93%, with a turnover of HKD 581 million. DOBOT announced the launch of its initial public offering of RMB ordinary shares and plans to list on the Shenzhen Stock Exchange.
UBTECH ROBOTICS (09880.HK) is currently at HKD 130.7, up 9.37%, with a turnover of HKD 1.997 billion. The company announced that its chairman and CEO Zhou Jian voluntarily committed not to reduce his personal holdings of 70.574 million H shares in any way within 12 months. Recently, UBTECH ROBOTICS also announced an investment of approximately RMB 1.665 billion to acquire about 43% equity in Fenglong Co., Ltd. (002931.SZ), which mainly engages in the R&D, production, and sales of gardening machinery engines, electric complete machines, hydraulic control systems, and automotive parts. Additionally, UBTECH ROBOTICS has surpassed a production capacity of 1,000 industrial humanoid robots and announced a strategic cooperation agreement with the Guangxi government.
Tesla supplier and robotic parts manufacturer Sanhua (02050.HK) opened slightly lower by 0.1% this morning but then rose, currently at HKD 38.46, up 12.59%, with a turnover of HKD 1.769 billion.
The motor manufacturer for robotic joints, Nidec (00179.HK), is currently at HKD 31.32, up 5.53%, with a turnover of HKD 168 million.
The supplier of robotic motor chips, FENGXIAN Technology (01304.HK), is currently at HKD 131.2, up 4.88%, with a turnover of 234,000 shares, involving HKD 30.1545 million

