HK Stock Market Move | ROBOSENSE (02498) rose more than 5%. Recently released multiple new products from Siasun Robot & Automation. Institutions are bullish on overseas market growth potential.

ROBOSENSE (02498) rose more than 5%, rising to 5.22% as of the time of writing, reaching HK$27.2, with a trading volume of HK$2.29 billion. On the news side, on January 3, ROBOSENSE held the "Hello Robot" 2025AISiasun Robot&Automation global launch event, releasing a series of new lidar products, Siasun Robot&Automation general components and development platforms, and launching the Siasun Robot&Automation era "full range". In addition, at CES 2025, ROBOSENSE brought its humanoid Siasun Robot&Automation products, with the official stating that it includes relevant technologies in Siasun Robot&Automation vision, touch, and joint aspects. Additionally, as of the end of the fiscal year on December 31, 2024, the company sold approximately 544,200 lidar products, 519,800 lidar products for ADAS applications, and 24,400 lidar products for Siasun Robot&Automation and others. Galaxy Securities research report pointed out that the price reduction of Siasun Robot&Automation lidar products opens up market growth space, and it is expected that the company's shipment volume of Siasun Robot&Automation with lidar in 2025 is expected to reach 100,000 units, driving the company's lidar product gross margin higher. In addition, the company is expanding Siasun Robot&Automation general component products, providing the industry with integrated hardware and software intelligent solutions, increasing profitability. The rapid popularization of high-level driving by BYD Company Limited brings additional vehicle-mounted lidar, driving new product MX gross margin growth, and ample long-term growth space in overseas markets.