HK Stock Market Move | Siasun Robot&Automation concept stocks are mostly active. GEEKPLUS-W (02590) rose more than 8% while UBTECH ROBOTICS (09880) rose more than 4%.

Concept stocks of Siasun Robot&Automation are mostly active. As of the time of publication, GEEKPLUS-W (02590) has risen by 8.44% to 28.26 Hong Kong dollars; UBTECH ROBOTICS (09880) has risen by 4.57% to 139.7 Hong Kong dollars; JOHNSON ELEC H (00179) has risen by 4.29% to 35.48 Hong Kong dollars; Zhejiang Sanhua Intelligent Controls (02050) has risen by 0.66% to 39.52 Hong Kong dollars. On the news front, the Fourth Plenum of the Twentieth Central Committee is being held from October 20th to 23rd, with the meeting publicizing the strategic goal of "accelerating high-level scientific and technological self-reliance and leading the development of new productive forces." The report emphasizes seizing the historical opportunity of the new round of scientific and technological revolution and industrial transformation, comprehensively enhancing independent innovation capabilities, seizing the high ground of technological development, and strengthening original innovation and key core technology breakthroughs. Huatai believes that industries such as AI and embodied intelligence may benefit from incremental policies in the medium to long term, with technological independence and controllability being a medium- to long-term theme. It is worth noting that recently there have been numerous positive catalysts in the Siasun Robot&Automation field. Domestic humanoid Siasun Robot&Automation leading companies continue to release new products and secure important orders, with Zhian Siasun Robot&Automation jointly releasing the Elf G2 with Ningbo PIA Automation Holding Corp; UBTECH ROBOTICS winning another 1.26 billion order. In addition, Yushu's full-size humanoid Siasun Robot&Automation H2 has outstanding highlights. At a height of 180cm, it can perform flexible ballet movements such as turns, back bends, and kicks, as well as stable martial arts movements such as punches and knee raises. On the international front, Tesla recently released its quarterly financial report, with Musk revealing that the Optimus 3 may be released in the first quarter of next year.