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<Research>CMSI: Tesla Robot Mass Production to Uplift Sector Sentiment Ahead of Schedule; Focus on Bottom-fishing Opportunities
The robotics sector picked up sharply, China Merchants Securities International (CMSI) wrote in a report. After the May Day holiday, robotics-related stocks in Hong Kong and A-shar...
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<Research>CMSI: Tesla Robot Mass Production to Uplift Sector Sentiment Ahead of Schedule; Focus on Bottom-fishing Opportunities
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The robotics sector picked up sharply, China Merchants Securities International (CMSI) wrote in a report. After the May Day holiday, robotics-related stocks in Hong Kong and A-shares markets have turned more vibrant, with share prices charting notable gains.

The broker attributed this to three factors. First, Tesla, Inc. (TSLA.US)      was expected to start mass production of its robots in July or August, while supply chain order information is typically released one to two months in advance, giving rise to an early recovery in sector sentiment. Second, after a marked correction since February that formed a bottom range, the robotics sector has once again attracted capital primarily focused on AI industry chain investments. Third, some robotics supply chain companies have traditional core businesses in the automotive industry. Following the release of 1Q results, potential negative factors have been largely digested, shifting market focus back to individual companies growth prospects.

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CMSI highlighted key companies to watch. 1) For complete machine manufacturers it recommended focusing on humanoid robot leader UBTECH ROBOTICS (09880.HK)  +1.800 (+1.622%)    Short selling $33.34M; Ratio 6.480%   , its top pick in the robotics industry chain, as humanoid robot commercial applications are landing the fastest and the company raised its delivery guidance after its annual results. It also named DOBOT (02432.HK)  +0.160 (+0.483%)    Short selling $4.38M; Ratio 7.721%   , which is a leader in collaborative robots, driven by both industrial and commercial segments, and is expanding rapidly into humanoid robotics. In vertical robotics, GEEKPLUS-W (02590.HK)  -0.210 (-1.142%)    Short selling $7.18M; Ratio 11.717%   , a leader in warehouse robotics, is also worth attention. 2) For supply chain, its top pick is MINTH GROUP (00425.HK)  -0.420 (-1.025%)    Short selling $16.53M; Ratio 6.979%   , whose progress in robotics, AI liquid cooling and the low-altitude economy beat expectations. Investors should watch for potential major breakthroughs in the AIDC field. The company's fuel cell system components, including SOFC and PEMFC, achieved order breakthroughs in domestic and overseas markets. SANHUA (02050.HK)  +0.360 (+1.039%)    Short selling $14.28M; Ratio 3.105%   , a core supplier in the Tesla industry chain, is also highlighted. 3) For broader robotics plays, the broker expected that market interest will spread to the broader robotics segment in the later stage of the rally, with growing attention on HORIZONROBOT-W (09660.HK)  +0.020 (+0.299%)    Short selling $213.19M; Ratio 23.079%   , HESAI-W (02525.HK)  +6.800 (+4.026%)    Short selling $88.56M; Ratio 38.030%   and ROBOSENSE (02498.HK)  -0.620 (-1.918%)    Short selling $51.93M; Ratio 17.317%   .
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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