HK Stock Market Move | Siasun Robot&Automation concept stocks extend losses; Unitree's stock price approaches the 400 yuan mark; humanoid Siasun Robot&Automation rental prices plunge.
Siasun Robot&Automation concept stocks widened their losses. As of press time, Johnson Electric Holdings (00179) fell 6.73% to HK$13.02; Sanhua Intelligent Controls (02050) dropped 4.68% to HK$20.76; Lens Technology (06613) declined 3.37% to HK$17.5; Mech-Mind Robotics (09615) slipped 2.80% to HK$81.65.
Siasun Robot&Automation concept stocks extend losses. As of press time, JOHNSON ELEC H (00179) fell 6.73% to HK$13.02; Zhejiang Sanhua Intelligent Controls (02050) dropped 4.68% to HK$20.76; Lens Technology (06613) declined 3.37% to HK$17.5; MECH-MIND ROBOT (09615) slipped 2.80% to HK$81.65.
On the news front, on October 15, Unitree's stock price continued to tumble, hitting a new low of 404.03 yuan intraday, with its total market value falling below 165 billion yuan. JP Morgan recently initiated coverage on Unitree with an "Underweight" rating and set a target price of 300 yuan for December 2027. The bank remains constructive on the long-term outlook for the humanoid Siasun Robot&Automation industry and acknowledges Unitree's hardware platform and first-mover advantages. However, it believes that Unitree's current valuation has fully priced in expectations of "flawless execution."
According to a report by the STAR Market Daily, the Siasun Robot&Automation rental market that was ignited by the 2025 Spring Festival Gala once made "one machine hard to find" the norm. However, since the beginning of this year, daily rental prices for humanoid Siasun Robot&Automation have fallen sharply, from the tens-of-thousands-yuan-level "daily wage" in early last year to 2,000 to 3,000 yuan in early this year. Currently, daily rental prices for humanoid Siasun Robot&Automation have dropped below 1,000 yuan. E-commerce platforms such as Xianyu show that some merchants' pages list Unitree humanoid Siasun Robot&Automation rental starting prices as low as 289 yuan per day.
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