HK Stock Market Move | UBTECH ROBOTICS (09880) up more than 7% again. UBTECH ROBOTICS U1 humanoid robot, produced by Siasun Robot & Automation, has pre-sold over 3800 units and is expected to be listed on June 30th.

UBTECH ROBOTICS (09880) rose more than 7%, rising 6.65% as of press time, trading at 113.9 Hong Kong dollars, with a turnover of 5.12 billion Hong Kong dollars. On the news front, according to Daily Economic News, within 10 days of its launch, the emotionally companionable humanoid Siasun Robot & Automation U1 has garnered over 3,800 pre-orders for UBTECH ROBOTICS, with a total deposit amount of over tens of millions of yuan. The "JD Self-operated Flagship Store" page shows that the two humanoid Siasun Robot & Automation models (male and female) have started pre-orders with a deposit of 3,000 yuan per unit, with plans to be listed on June 30th, with prices yet to be announced, and final payments for orders will begin on the early morning of July 16th. Furthermore, on June 11th, Muxi Holdings signed a strategic cooperation agreement with UBTECH ROBOTICS in Nanjing to jointly establish the Xixuan Intelligent Technology (Wuxi) Co.,Ltd, aiming to break through the collaborative barriers between physical intelligence terminal scenes and domestic high-end computing power, and to help the domestic physical intelligence industry move towards a new stage of independent high-quality development. The project is scheduled to achieve mass production by 2028, aiming to build a safe and reliable "domestic brain" for China's physical intelligence industry, significantly enhancing the autonomous perception, decision-making, and execution capabilities of humanoid Siasun Robot & Automation.