Physical AI concept stocks are rallying in Hong Kong. Galaxis Tech rose 55%; Yunji rose 16%; Ubtech Robotics and Laifual rose 13%; Manycore Tech rose 10%; 51World rose 9%; Dobot and Pateo rose 8%.

Shanghai Keluosi Technology surged more than 50% shortly after the market opened, while CloudMinds jumped over 10%, UBTECH Robotics gained more than 7%, Manycore Tech rose over 5%, and Beijing 51WORLD and Dobot climbed nearly 5%. Hesai Technology advanced more than 4%.