Yushu Technology's IPO Approval Drives Hong Kong Robot Stocks Higher

Deep News07-31

Hong Kong-listed robot concept stocks saw a broad rally on July 31, with notable gains across the sector. Xian Gong Intelligence surged 17%, while Lai Fu Harmonic, Fan Shi Intelligent, and Hua Yan Robot each rose over 9%. Ji Zhi Jia climbed more than 8%, and Su Teng Ju Chuang along with Zhao Wei Ji Dian advanced over 7%.

The gains were driven by news that Yushu Technology Co.,Ltd. received official approval from the China Securities Regulatory Commission on the evening of July 30 for its IPO application on the STAR Market (科创板). The preliminary inquiry is scheduled for August 5, with the online and offline subscription date set for August 10.

This development positions Yushu Technology as the first "humanoid robot stock" on the A-share market, establishing a new pricing benchmark for the entire robotics supply chain. Core component manufacturers are expected to gain a clear valuation reference, which could reshape the sector's valuation center.

Institutions widely believe that 2026 will be a critical year for the humanoid robot industry to transition from "0 to 1." If shipment data and order volumes achieve substantial breakthroughs in the second half of the year, it could trigger a dual upgrade in both earnings and valuations.

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