--- title: "Hong Kong stock movement: DOBOT fell 11.79%, the Spring Festival Gala robot craze failed to sustain, market sentiment turned cold?" type: "News" locale: "en" url: "https://longbridge.com/en/news/276668471.md" description: "DOBOT fell 11.79%; Techtronic Industries rose 0.16%, with a transaction volume of HKD 433 million; UBTECH fell 5.83%, with a transaction volume of HKD 343 million; Sanhua Intelligent Control fell 6.62%, with a transaction volume of HKD 243 million; Lead Intelligent fell 1.04%, with a market value of HKD 76.3 billion" datetime: "2026-02-24T01:42:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/276668471.md) - [en](https://longbridge.com/en/news/276668471.md) - [zh-HK](https://longbridge.com/zh-HK/news/276668471.md) --- # Hong Kong stock movement: DOBOT fell 11.79%, the Spring Festival Gala robot craze failed to sustain, market sentiment turned cold? **Hong Kong Stock Movement** DOBOT, down 11.79%. Based on recent key news: 1. On February 23, the Spring Festival Gala robot demonstration attracted market attention, and companies like DOBOT saw their stock prices rise last Friday. The Spring Festival Gala, as one of the highest-rated programs in China, often serves as a springboard for technology companies, driving fluctuations in related stock prices. Source: Gelonghui 2. On February 22, robot companies expanded production, with orders increasing by nearly 70%. During the Spring Festival, robot rental orders grew month-on-month, covering all 31 provinces in the country, indicating strong market demand. Source: Xiao Ou AI 3. On February 23, policy support for the technology growth sector led to upgrades in the robot industry. Favorable policies for the technology growth sector promoted technological breakthroughs in the robot industry, affecting the stock prices of related companies. Source: Xiao Ou AI The technology sector is supported by policies, leading to increased volatility. **Stocks with High Trading Volume in the Industry** Techtronic Industries, up 0.16%. Based on recent key news: 1. On February 23, the U.S. Supreme Court ruled that Trump's tariff policy was invalid, benefiting Techtronic Industries as an export-sensitive stock, with its stock price rising over 3%. Citigroup's report pointed out that Techtronic Industries is favored by the market due to its high dividend yield and low tariff impact. 2. On February 23, the Hang Seng Index surged over 600 points, closing stable at 27,000 points, with trading volume increasing to over HKD 172.9 billion ahead of the return of northbound capital. As one of the technology stocks, Techtronic Industries benefited from the overall upward trend in the market, leading to a rise in its stock price. 3. On February 23, risk aversion boosted gold prices, with Zijin Mining performing the best. As one of the export-sensitive stocks, Techtronic Industries benefited from the market's digestion of tariff policies, leading to an increase in its stock price. The Hong Kong stock market has both favorable and unfavorable factors, with fluctuating conditions. UBTECH, down 5.83%. Based on recent news: 1. On February 21, the Year of the Horse Spring Festival Gala ignited a robot craze, with companies like UBTECH showcasing advancements in robot technology during the program. However, the gap between high market expectations for the robot industry and actual applications raised concerns among investors, leading to a decline in stock prices. 2. On February 23, SUTENG released a profit forecast, expecting to achieve quarterly profitability for the first time in Q4 2025, with a surge in lidar sales driving the company's stock price up. Nevertheless, UBTECH failed to benefit from the profit expectations and instead faced pressure from industry competition, resulting in a drop in stock prices. 3. On February 24, Kaiyuan Securities stated that humanoid robots gained popularity during the Spring Festival Gala, but the optimistic expectations for the entire market in 2026 did not immediately translate into stock price increases, putting continued pressure on UBTECH's stock price. The robot industry is highly competitive, with high market expectations. Sanhua Intelligent Control, down 6.62%, with a trading volume of HKD 243 million, has no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation. **Stocks with High Market Capitalization in the Industry** XianDao Intelligent fell 1.04%. Based on recent key news: 1. On February 20, shareholders of XianDao Intelligent transferred their shares from HSBC Hong Kong Shanghai to Citibank, with a transfer market value of HKD 762 million, accounting for 15.39%. This move may reflect shareholders' reassessment of market liquidity or banking services, leading to stock price fluctuations. 2. On February 11, XianDao Intelligent was listed on the Hong Kong Stock Exchange, with a share price set at HKD 45.8, issuing a total of 108 million shares, with net proceeds of approximately HKD 4.796 billion. The market performance and capital flow after the listing may affect the stock price. 3. Recently, XianDao Intelligent's manufacturing equipment and solutions have been widely used in fields such as lithium batteries and photovoltaic cells, and changes in industry demand may impact the company's performance expectations. 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