0432 GMT - UBTech Robotics may take steps to alleviate pressure on its share price in the near term, according to Citi analysts in a research note. Chief executive officer Zhou Jian voluntarily announced that he won't sell his shares for another 12 months, they note. Citi expects other key managers and major shareholders to make similar announcements soon to address market's concerns about potential disposals. Citi keeps its positive stance on China's humanoid robot supply chain but prefers key component makers like Hengli Hydraulic over humanoid robot original equipment manufacturers like UBTECH Robotics. Still, Citi keeps a buy rating on UBTECH Robotics, with a target price of HK$155.00. Shares were recently at HK$127.00. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
December 29, 2025 23:32 ET (04:32 GMT)
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