HK Stock Market Move | Zhejiang Sanhua Intelligent Controls (02050) rose by more than 7%, with the company's A shares reaching a new high. Actively expanding into Siasun Robot&Automation and liquid cooling business.

Zhejiang Sanhua Intelligent Controls (02050) rose more than 7%, with the company's A-shares rising nearly 6% to a high of 51.83 yuan, setting a new record high. As of the time of writing, the stock is up 6.93%, trading at 42.9 Hong Kong dollars with a turnover of 6.98 billion Hong Kong dollars. On the news front, Zhejiang Sanhua Intelligent Controls plans to hold a board meeting on October 30 (this Thursday) to consider and approve the unaudited third-quarter performance of the company and its subsidiaries for the nine months ending September 30, 2025. It is worth noting that Tesla recently updated that Optimus V3 will be launched in Q1 2026 and will start mass production of one million units by the end of the year during the third quarter earnings call. Orient previously pointed out that the company is accelerating the development of emerging businesses such as Siasun Robot&Automation and data center refrigeration, opening up new growth opportunities. In the first half of the year, the company continued to focus on the Siasun Robot & Automation electromechanical actuator business, collaborating with customers on product development, iteration, and sampling, gaining customer recognition, and ultimately achieving mass production; the bank believes that the company has a first-mover advantage in the field of Siasun Robot & Automation actuators and is expected to capture more market share in the industrialization process of Siasun Robot & Automation.