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13/08/2025
The Shanghai Composite Index has expanded its gains, breaking through last October's high point, currently up 0.23% at 3675.39 points.
Latest
3 m ago
CITIC Securities: Zhiyuan announces new patent for nimble hands, focusing on the tendon sheath segment.
3 m ago
The analysis report from CITIC Securities believes that according to the patent search system of the National Intellectual Property Administration, the invention patent "Dexterous Hand Finger, Dexterous Hand and Robot" of Shanghai Zhiyuan Xinchuang Technology Co., Ltd., which was publicly disclosed on August 1, 2025, states that the three degrees of freedom of the dexterous hand finger are all driven by tendon ropes, with the tendon rope passing through the tube divided into inner and outer tubes. Combining the analysis of publicly available information, the report predicts that mainstream humanoid robot manufacturers both domestically and internationally, including Tesla, will adopt tendon rope tube designs. It is estimated that the global market size of tendon rope tubes for humanoid robots will reach 10.2 billion yuan by 2030. The report believes that the market currently does not place enough importance on tendon rope tubes, and sees potential in companies that are currently or may in the future focus on tendon rope tubes.
4 m ago
Northeast Securities: Touch sensor technology evolving, market expanding. It is estimated that by 2030, the market space for electronic skin of humanoid robots will reach 15.5 billion yuan.
5 m ago
Daiwa: Upgrades China AMC's target price to 3.4 Hong Kong dollars, rating "In line with the market"
5 m ago
Morgan Stanley released a research report stating that Huachen China (01114) issued a profit warning, reflecting pressure on performance but still better than previous expectations due to stable unit profitability. Morgan Stanley forecasts that the net profit margin of the Huachen BMW joint venture is more resilient, with an increase of 0.5 percentage points from 2025 to 2027, but the sales volume during this period is forecasted to decrease by about 6%. Morgan Stanley has raised the target price of Huachen China from 3 Hong Kong dollars to 3.4 Hong Kong dollars, with a rating of "in line with the market". Huachen China issued a profit warning, expecting a decrease of 34% to 36% in pre-tax profits for the six months ending in June compared to the same period in 2024, mainly due to a decline in performance of the major joint venture Huachen BMW. However, it is expected that post-tax profits will increase by 10% to 13% year-on-year, mainly due to a significant reduction of 83% in withholding tax resulting from reduced distribution of dividends during the period.
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