HK Movers | Robot Stocks Surge as Sanhua Intelligent Controls Hits All-Time High
Tiger Newspress
Sep 16
Robot stocks rallied in Hong Kong's afternoon trading session. Johnson Electric soared over 18%, marking a year-to-date increase of more than 240%. Sanhua Intelligent Controls surged 9%, hitting a new all-time high since its listing. Meanwhile, Dobot rose nearly 5%, and Ubtech Robotics climbed more than 4%.
On the news front, Tesla founder Elon Musk recently discussed the latest developments regarding the Optimus robot at the All-In Summit. He mentioned that the third version of Optimus, currently under design, will address hand dexterity, feature an AI-powered brain, and is expected to be ready for mass production.
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