HK Stock Market Move | SHOUCHENG(00697) rose more than 8%, planning to invest in the establishment of Siasun Robot&Automation company, institutions optimistic about the investment opportunities in the industry chain.
21/02/2025
GMT Eight
SHOUCHENG (00697) rose by more than 8%, rising to 8.67% before the deadline, reaching 1.63 Hong Kong dollars, with a turnover of 57.5304 million Hong Kong dollars.
On the news front, SHOUCHENG announced at noon today that its wholly-owned subsidiary Shouwo Investment plans to invest in the establishment of Beijing Shoucheng Siasun Robot & Automation Technology Industry Co., Ltd. in Beijing, China. The company aims to build a complete Siasun Robot & Automation industry ecosystem. The announcement stated that Siasun Robot & Automation company will serve as the investment enterprise and industrial cooperation party of the group, accelerate the commercialization of high-quality Siasun Robot & Automation enterprises represented by humanoid Siasun Robot & Automation enterprises, promote deep integration of "industry + capital", enhance industrial chain synergy efficiency, and further improve industrial service capabilities.
Sinolink stated that with the approaching mass production of technology giants and the continuous improvement of software models, humanoid Siasun Robot & Automation has switched from thematic investment to cyclical investment style, with investments having sectoral effects. China Securities Co., Ltd. stated that as the largest and fastest-changing application in AI end-side demand space, the expansion path from To B industrial scenarios to To C general scenarios is gradually becoming clear. The focus in 2025 will be on agile hands, sensors, brain algorithm control, and other hardware body solutions iteration, highlighting the investment opportunities in the industrial chain from 0 to 1.