Hong Kong Stocks Movement | Robotics Concept Stocks Extend Losses in Afternoon Session; Unitree Clarifies No Involvement in "Green Channel" Applications

Stock News01-05

Robotics concept stocks saw their losses widen during the afternoon trading session. At the time of writing, Johnson Electric Holdings (00179) fell 4.77% to HK$29.52, DOBOT (02432) dropped 4.09% to HK$36.58, and SANHUA (02050) declined 1.8% to HK$39.32.

Market sentiment was influenced by recent rumors reported by Sina Finance suggesting that "Unitree's listing green channel has been halted." However, investment banking sources clarified that Unitree has never applied for a special listing green channel and has always followed the standard corporate listing procedure; therefore, the notion of its "green channel being halted" is unfounded.

Unitree also issued a statement, indicating that the aforementioned reports concerning developments in its listing process are inconsistent with the facts, and the company has not been involved in any matters related to applying for a "green channel."

Previously, Galaxy Securities released a research note stating that Tesla's third-generation Optimus robot is expected to launch in 2026, with mass production of tens of thousands of units anticipated next year. Recent frequent industry chain communications suggest that definitive events such as mass production, pricing, and factory audits are approaching.

The brokerage believes that the mass production of Tesla's robot cannot be achieved without the support of the Chinese supply chain and recommends actively monitoring industry chain players that have been deeply involved in the Tesla robot project early on and possess mass production capabilities.

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