Geekplus Likely to Benefit From Warehouse Automation Trend -- Market Talk

Dow Jones

10/06

0704 GMT - Chinese robotic company Geekplus Technology is likely to benefit from the trend toward warehouse automation, according to Daiwa analysts in a research note. Around 80% of warehouses globally are unautomated, creating high demand for labor-saving solutions, they note. Autonomous mobile robots are set to rapidly boost warehouse automation, and this trend has been elevated by the development of AI, they note. Daiwa initiates coverage of Geekplus with a buy rating and a 12-month target price of HK$38.00. Shares last traded at HK$31.88. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

October 06, 2025 03:04 ET (07:04 GMT)

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Around 80% of warehouses globally are unautomated, creating high demand for labor-saving solutions, they note. Autonomous mobile robots are set to rapidly boost warehouse automation, and this trend has been elevated by the development of AI, they note. Daiwa initiates coverage of Geekplus with a buy rating and a 12-month target price of HK$38.00. Shares last traded at HK$31.88. 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Around 80% of warehouses globally are unautomated, creating high demand for labor-saving solutions, they note. Autonomous mobile robots are set to rapidly boost warehouse automation, and this trend has been elevated by the development of AI, they note. Daiwa initiates coverage of Geekplus with a buy rating and a 12-month target price of HK$38.00. Shares last traded at HK$31.88. 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Around 80% of warehouses globally are unautomated, creating high demand for labor-saving solutions, they note. Autonomous mobile robots are set to rapidly boost warehouse automation, and this trend has been elevated by the development of AI, they note. Daiwa initiates coverage of Geekplus with a buy rating and a 12-month target price of HK$38.00. Shares last traded at HK$31.88. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0082770016.SGD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (SGD) INC","BK1183":"工业机械","02590":"极智嘉-W","LU0620787316.HKD":"HSBC GIF ASIA EX JAPAN EQUITY SMALLER COMPANIES \"AD\" (HKD) INC","LU0082770016.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AD\" INC","LU0164939612.USD":"HSBC GIF ASIA EX JAPAN SMALLER CO. \"AC\" ACC"},"translate_title":"Geekplus可能受益于仓库自动化趋势——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02590":0.9},"content_text":"0704 GMT - Chinese robotic company Geekplus Technology is likely to benefit from the trend toward warehouse automation, according to Daiwa analysts in a research note. Around 80% of warehouses globally are unautomated, creating high demand for labor-saving solutions, they note. Autonomous mobile robots are set to rapidly boost warehouse automation, and this trend has been elevated by the development of AI, they note. Daiwa initiates coverage of Geekplus with a buy rating and a 12-month target price of HK$38.00. Shares last traded at HK$31.88. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 06, 2025 03:04 ET (07:04 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}