Movement Alert|Estun Automation Rises 5.26% in Regular Trading, Oversold Rebound Continues Amid Strong Fundamentals and Policy Tailwinds

Market Focus09:46

On June 18, Estun Automation (02715) rose 5.26% in regular trading, trading at 19.48 HKD/share, with turnover of approximately 69.93 million HKD.

On the news front, the stock continues its technical rebound after a sharp correction exceeding 20% that followed a cumulative surge of over 25% in Hong Kong trading. The prior rally was triggered by two consecutive limit-up sessions on the A-share market, with subsequent profit-taking driving the pullback. The oversold recovery momentum has persisted in recent sessions.

On the fundamental side, the company reported Q1 net profit growth of 674.64% year-over-year, with industrial robot shipments maintaining the top position in the Chinese market. Additionally, the company signed a joint research agreement on embodied intelligence with the Chinese Academy of Sciences, while the Ministry of Industry and Information Technology recently issued a dedicated support policy for the robotics industry, collectively underpinning valuation recovery.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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