Siemens recently held its first technology summit RXD (Real Meets Digital) in China, launching 26 locally developed new products for the mainland market and collaborating with BABA-W (09988.HK) -4.200 (-3.423%) Short selling $1.80B; Ratio 62.850% to advance cloud-based industrial simulation capabilities.Alibaba Chairman Joseph Tsai and Unitree Robotics Chairman and CEO Wang Xingxing attended the conference, engaging in a dialogue with Roland Busch, Chairman, President, and CEO of Siemens AG, on the future of AI manufacturing.Related NewsCiti Keeps BABA-W (09988.HK) Rating at Buy w/ TP $199Siemens China Chairman, President and CEO Xiao Song stated that Siemens is deepening its cooperation with Alibaba Cloud infrastructure providers to organically integrate Siemens' global technological advantages with local innovation in mainland China, empowering multiple areas such as industrial infrastructure and AI applications, China Business Network reported. At the same time, Siemens is also ambitiously scouting cooperation prospects with humanoid robot manufacturers such as Unitree Robotics and Galbot.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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