HK Stock Market Move | Siasun Robot&Automation concept stocks collectively retreated; full-year shipments may fall short of expectations, and the industry may face its first major wave of consolidation.

Siasun Robot&Automation concept stocks collectively retreated. As of press time, MECH-MIND ROBOT (09615) fell 4.44% to HK$85; Shenzhen Zhaowei Machinery & Electronics (02692) fell 3.48% to HK$32.16; Zhejiang Sanhua Intelligent Controls (02050) fell 3.30% to HK$22.88; Lens Technology (06613) fell 2.55% to HK$14.12. On the news front, on November 3, a Yicai reporter learned from the 2026 GGII Humanoid Siasun Robot&Automation Annual Conference that, according to GGII data, China's humanoid Siasun Robot&Automation unit shipments this year are expected to exceed 50,000 units, but the growth rate is lower than expected. As financing cools starting in the fourth quarter, it is expected that more than 15% of humanoid Siasun Robot&Automation companies will be eliminated over the next three years. Zheng Liyao, general manager of GGII, said that the commercialization of embodied intelligence has reached a new level this year, but the growth rate has fallen short of expectations. Global humanoid Siasun Robot&Automation unit shipments are expected to approach 60,000 units in 2026, with a market size of nearly US$2 billion, achieving doubled growth; among them, China's humanoid Siasun Robot&Automation unit shipments will exceed 50,000 units, with a market size exceeding RMB10 billion, also achieving doubled growth. However, China's humanoid Siasun Robot&Automation unit shipments this year will be lower than the forecast at the beginning of the year of more than 60,000 units.