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HK Market Quick Look | All three major indices fell, with the Hang Seng Tech Index dropping 1.77% and MINIMAX declining over 12%. Memory chip and optical communication stocks strengthened; the Direxion Daily Hynix Semiconductor Bull 2X Shares surged more
Internet and technology stocks declined broadly, with JD.com-SW falling 10.41% and Meituan-W dropping 4.44%. Solar photovoltaic stocks performed strongly, with Lens Technology rising 5.03% and Fuyao Glass gaining 1.71%. Pharmaceutical stocks generally fell, with Insilico Medicine down 3.92% and Hengrui Pharma declining 3.74%.
Hong Kong Stocks in Focus | Laifu Harmonic (03952) Surges Over 9% as Humanoid Robots Drive Demand for Harmonic Reducers; Institutions Bullish on Company's Cost Competitiveness
Laifu Harmonic (03952) surged more than 9%. As of press time, the stock was up 8.9% at HK$68.55, with a turnover of HK$18.3168 million.
Hong Kong Stocks in Focus | Robotics Concept Stocks Rally Again; Unitree Robotics’ Potential IPO Poised to Reshape Valuation Framework for Humanoid Robots Sector
Shares of robotics-related companies rose again. As of press time, Laifu Harmonic (03952) was up 7.22% at HK$64.6; Johnson Electric Holdings (00179) gained 5.5% to HK$20.9; Hua Hong Hongli (01347) climbed 5.32% to HK$150.4; and Ubtech Robotics (09880) advanced 2.59% to HK$93.15.
Hong Kong Stocks in Focus | Robotics concept stocks strengthen; Leader Harmonic Drive rises 6.3% as valuation benchmarks for the robotics sector become clearer
Gelonghui, August 13 | Hong Kong-listed stocks associated with robotics rose collectively, led by Huaqin Technology, which surged nearly 10%. Leader Harmonic Drive rose 6.3%, Johnson Electric Holdings rose 5.5%, Huayan Robotics rose 4.8%, while SMIC, Geekplus-W, and Gangzi Robotics each gained 3.6%. Shoucheng Holdings, Shengye, and several other stocks rose more than 2%. On the news front, domestic shipments of humanoid robots have continued to climb this year, as the industry accelerates from the "technology validation" phase to "mass delivery." Data from the Ministry of Industry and Information Technology shows that in the first half of the year, there were over 400 models of complete humanoid robot products in China, accounting for more than half of the global total. Market research institutions
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LAIFUAL DRIVE(3952HK):A COST-DRIVEN DISRUPTOR IN HARMONIC REDUCER MARKET TO RIDE HUMANOID ROBOTICS WAVE