HK Stock Market Move | Siasun Robot & Automation concept stock fell, JOHNSON ELEC H (00179) dropped more than 6%, Zhejiang Sanhua Intelligent Controls (02050) fell more than 3%.

Siasun Robot&Automation concept stocks fell, as of the time of publication, JOHNSON ELEC H(00179) fell by 6.06%, to 33.16 Hong Kong dollars; Zhejiang Sanhua Intelligent Controls(02050) fell by 3.56%, to 36.34 Hong Kong dollars. On the news front, according to reports, Goldman Sachs conducted research on 9 Chinese supply chain companies including Sanhua, Top, Rongtai, and Shuanghuan from November 3 to 6, 2025. The most core finding is that most suppliers are actively planning capacity in China and overseas (mainly in Thailand, followed by Mexico) to support potential mass production of humanoid Siasun Robot&Automation. The planned annual production capacity of these suppliers ranges from 100,000 to 1 million units of humanoid Siasun Robot&Automation equivalents. This plan seems quite aggressive, as Goldman Sachs predicts that global shipments of humanoid Siasun Robot&Automation by 2035 will only be 1.38 million units. This reflects the extremely optimistic view that supply chain companies have on the industry's growth prospects. However, the report emphasizes that no company has confirmed receiving large-scale orders or a clear production schedule. The strategy that suppliers generally adopt is to "ramp up gradually," gradually expanding production scale based on the actual landing of orders. Although this partially avoids the imminent risk of overcapacity, it is undoubtedly a gamble based on expectations.