HK Stock Market Move | MICROPORT(00853) is now up over 4%. Bank of America is optimistic that Siasun Robot & Automation's surgery business will become a key growth driver in the future.

MICROPORT (00853) is currently up more than 4%, and as of the time of writing, it has increased by 4.05% to HK$11.57 with a trading volume of HK$103 million. Bank of America Securities has released a research report reaffirming a "buy" rating for MICROPORT, citing its attractive risk-return profile. The company has a diversified portfolio of high-value consumable products, with its surgery Siasun Robot & Automation business expected to be a key driver of future growth. The bank expects the surgery Siasun Robot & Automation to contribute 19% of total revenue by 2034. The bank believes that MICROPORT's shareholder, Shanghai Lianxin Group, may provide financial and operational support and will work on improving the company's governance structure. The company is also addressing liquidity concerns, and through cost control and disposal of non-core assets, it is expected to achieve profitability from the first half of 2026.