HK Stock Market Move | STARPLUS LEGEND (06683) rose by over 30% in after-hours trading. Yushu Technology will be listed tomorrow, and both parties previously co-founded Yuxing Entertainment.

STARPLUS LEGEND (06683) surged over 30% in the afternoon trading, and as of the time of writing, it has risen by 27.33% to HKD 5.475, with a trading volume of HKD 534 million. In news, Yushu Technology announced that its stock will be listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on August 19, with an issuance market value of approximately RMB 60.993 billion. Public information shows that Yushu Technology is a leading company in global humanoid Siasun Robot & Automation shipments, with projected revenue of RMB 868 million from Siasun Robot & Automation in 2025, accounting for 52% of its main business revenue. Notably, in July 2025, STARPLUS LEGEND announced a collaboration with Yushu Technology to develop quadruped robotic dogs and Siasun Robot & Automation, aimed at jointly creating consumer Siasun Robot & Automation products with IP attributes. In November of the same year, STARPLUS LEGEND further announced that its subsidiary, Xing Chuang Yi, would jointly establish a company named "Yuxing Entertainment" with a subsidiary of Yushu Technology, with both parties holding 50% of the shares each. This joint venture will primarily be responsible for the development and sales of consumer-level IP Siasun Robot & Automation and IP derivative products.