On October 8, UBTECH ROBOTICS fell 5.11% in regular trading, trading at 70.6 HKD/share, with Turnover of 217 million HKD.
Robot concept stocks broadly weakened after Morgan Stanley projected that the average selling price of humanoid robots could drop 56% by 2035, fueling concerns about industry pricing pressure. J.P. Morgan noted that price declines are key to transitioning humanoid robots from early adopters to mass commercial adoption, potentially supporting an 87% shipment compound annual growth rate, though short-term sentiment turned cautious. Alongside UBTECH ROBOTICS, other sector names including Huantron, Huaqin, Black Sesame, and Litz also came under pressure. Separately, UBTECH recently announced a strategic partnership with FAW-Volkswagen to develop applications for embodied intelligent robots in logistics scenarios.
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