SEER TECH Surges Over 8% Afternoon, Forecasting First-Half Sales Growth of at Least 60%

Stock News08-11 15:52

SEER TECH (06106) surged more than 8% in afternoon trading, with shares last trading at HK$63.80, up 8.78%.

According to a recent earnings forecast, SEER TECH expects its first-half 2026 revenue to grow at least 60% year-on-year, with gross profit rising at least 65%. The company attributes the growth to increased revenue from intelligent robots and its "robot brain" technology, as well as higher overseas sales. Previously disclosed data shows that for the January-to-May 2026 period, the company's value of new overseas orders grew more than 460% year-on-year, while the number of overseas order customers more than doubled.

Notably, Unitree Robotics has opened its subscription period, with the lottery results scheduled for August 12. According to a research report from CSC Financial, Unitree's IPO pricing of RMB 150.80 per share corresponds to a market value of approximately RMB 61 billion, exceeding prior expectations. The report suggests this could lead to a revaluation of robot manufacturers. Galaxy Securities also commented that the listing of Unitree could provide a valuation benchmark for humanoid robot companies in the market.

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