HK Stock Market Move | Siasun Robot & Automation concept stocks collectively rallied, UBTECH ROBOTICS and Swan Home collaborated strategically to explore the application of humanoid Siasun Robot & Automation in the field of home services.

Concept stocks of Siasun Robot&Automation collectively rise, as of press time, HK ROBOTICS (00370) is up 10.29% at 0.75 Hong Kong dollars; Xiaopeng Motors (09868) is up 4.14% at 74.15 Hong Kong dollars; Zhejiang Sanhua Intelligent Controls (02050) is up 4.15% at 21.6 Hong Kong dollars; UBTECH ROBOTICS (09880) is up 3.84% at 110.9 Hong Kong dollars. On the news front, recently, UBTECH ROBOTICS Technology and the home service platform Swan At Home signed a strategic cooperation agreement in Shenzhen. The two parties will jointly promote the deep integration of humanoid robots and "home" scenarios, and promote the application landing. The two parties will jointly develop the industry's first "Guidelines for Human-Robot Collaboration in Home Service Operations," defining the responsibilities and cooperation processes between Siasun Robot&Automation and home service personnel. UBTECH ROBOTICS and Swan At Home will jointly explore the innovative service model of "Siasun Robot&Automation + humans," providing emotional connection and emotional value by assisting humans with tasks through Siasun Robot&Automation. Morgan Stanley predicts that the market size of humanoid robots and automation is expected to reach 50 trillion US dollars by 2050. According to Kim Rongchan, director of technology industry research at the institution, physical intelligence is becoming one of the core drivers of artificial intelligence development. By then, the global deployment of humanoid robots and automation is expected to reach 1 billion units, with approximately 1 in 10 people having one. The report points out that the adoption path is nonlinear, with relatively slow progress before 2035, but will accelerate significantly in the late 2030s.