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<Research>CICC Initiates Coverage on GEEKPLUS-W w/ Rating Outperform & TP HKD32.8
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CICC has published a research report giving GEEKPLUS-W (02590.HK) an Outperform rating and a target price of HKD32.8 for the first time.

According to data from China lnsights Consultancy, the global autonomous mobile robot solutions market may be valued over RMB100 billion by 2029, and it is clear that Chinese companies have the upper hand in this area. The standardization of AMR-equipped warehouses and transparent data make the application of AI technology in this field optimistic.
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