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<Research>CMSI Expects General-purpose Robots to Thrive in 2028-30, Initiates Overweight on UBTECH ROBOTICS, DOBOT
This year, AI technology is driving the intelligent upgrade of overseas robots, with leading companies leveraging vertical integration to boost iteration efficiency, CMSI wrote in ...
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<Research>CMSI Expects General-purpose Robots to Thrive in 2028-30, Initiates Overweight on UBTECH ROBOTICS, DOBOT
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This year, AI technology is driving the intelligent upgrade of overseas robots, with leading companies leveraging vertical integration to boost iteration efficiency, CMSI wrote in its research report. In addition, Huawei has officially dabbled into the field by launching an embodied intelligence platform that fills a key gap in China's robotics sector.

In CMSI's estimate, general-purpose robots will experience explosive growth in 2028-30, with the market reaching 5 million units by 2035. However, the pace of iteration will be constrained by the coordinated evolution of models, data, and hardware.

In terms of stock recommendations, CMSI gave UBTECH ROBOTICS (09880.HK)  +0.350 (+0.446%)    Short selling $41.86M; Ratio 8.356%   and DOBOT (02432.HK)  +1.550 (+2.868%)    Short selling $110.70K; Ratio 0.059%   an Overweight rating for the first time, with target prices set at HKD110 and HKD76, respectively.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.)

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