HK Stock Market Move | ZOOMLION (01157) rose more than 5% in September, with the excavator industry's domestic and global market sentiment on the rise. Institutions point to it as an undervalued target for Siasun Robot & Automation.

ZOOMLION (01157) rose by more than 5%, reaching a 5.1% increase as of the time of writing, closing at 7.62 Hong Kong dollars, with a trading volume of 1.06 billion Hong Kong dollars. In terms of news, according to the China Construction Machinery Industry Association's statistics on major excavator manufacturing companies, a total of 19,858 excavators were sold in September 2025, a year-on-year increase of 25.4%. Among them, domestic sales totaled 9,249 units, a year-on-year increase of 21.5%; and exports amounted to 10,609 units, a year-on-year increase of 29%. Huatai pointed out that the internal and external prosperity of excavators in September is on the rise, and the industry is expected to continue to recover. CMSC stated that in the context of the continuous strengthening of the internal and external resonance logic beta, the performance elasticity of leading companies is expected to continue to be released, and in the medium to long term, with the enhancement of internationalization and lithium electrification, global competitiveness alpha will continue to increase. We are optimistic about the investment opportunities in the construction machinery beta sector, and believe that the sector is expected to see a double rise in performance and valuation. Zheshang's previous research report pointed out that ZOOMLION is a low-valued humanoid target of Siasun Robot & Automation, and Siasun Robot & Automation's factory operation accelerates the industrialization process. From September 14th to 16th of this year, the 2025 Internet Yuelu Summit was held in Changsha, where ZOOMLION showcased the Yun Gu humanoid intelligent large model and tool chain, featuring five models of Siasun Robot & Automation in five simulated application scenarios: hospitality, walking performance, logistics sorting, assembly, and daily life. All key components of ZOOMLION's Siasun Robot & Automation are self-developed, including planetary joint modules, cam joint modules, linear joint modules, key controllers, etc., realizing complete control and autonomy over core technologies.