CMS' research report wrote that UBTECH ROBOTICS (09880.HK) +2.800 (+2.617%) Short selling $97.35M; Ratio 3.998% logged a net loss attributable to parent of RMB410 million for 1H25, narrowing by 20% YoY and 32% QoQ, in line with the broker's expectations. During the period, revenue climbed by 27.5% YoY, with a net profit margin of 66.6%, improving by 39.4 ppts YoY.Starting from September, the company will commence mass delivery of a bulk order worth RMB90 million from an automobile client, with annual shipments of industrial models adjusted upwards to over 500 units. Related NewsCiti Hikes UBTECH ROBOTICS (09880.HK) TP to $121, Given Higher Humanoid Robot Delivery ForecastThe broker raised its revenue forecasts for 2025-27 by 5%/ 4%/ 7%, respectively, and reduced its loss forecasts by 4%/ 2%/ 22%, reflecting stronger-than-expected robot orders and deliveries. The target price was lifted from HKD110 to HKD140, with a rating of Overweight.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-08 16:25.)