HK Stock Market Move | Siasun Robot&Automation concept stocks surged in the afternoon. Unitree hit the daily limit, with market cap returning to 250 billion. Confidence in Optimus mass production is gradually increasing.

Siasun Robot&Automation concept stocks surged in the afternoon. As of press time, 51WORLD (06651) rose 25.90% to HK$62.8; SEER TECH (06106) rose 13.99% to HK$61.1; Shenzhen Zhaowei Machinery & Electronics (02692) rose 12.05% to HK$38.3; LAIFUAL (03952) rose 7.93% to HK$29.14; UBTECH ROBOTICS (09880) rose 6.65% to HK$68.15. On the news front, on Friday, Unitree hit the 20cm daily limit in the afternoon, with its total market cap returning above 250 billion, up more than 54% over the past six trading days. Tesla said in its annual report materials to shareholders filed on October 19 that the third generation of Optimus is ready for mass production. In its letter to shareholders, Tesla said it is building the first production lines for Optimus. Huachuang Securities noted that confidence in the mass production of Siasun Robot&Automation Optimus is gradually increasing, and the realization of the mass production pace may catalyze a new inflection point in the industry trend. The release of new domestic Siasun Robot&Automation models and the promotion of application scenarios are in line with expectations. It is recommended to buy on dips high-win-rate targets in the Tesla chain as well as domestic complete-machine targets.