HK Stock Market Move | Siasun Robot & Automation's concept stocks lead the way, Yushu Technology's IPO gets approved quickly, expected to provide a systematic valuation anchor for the entire industry chain.

Siasun Robot&Automation concept stocks are leading the gains. As of the time of publication, YUNJI (02670) rose by 7.06% to 169.9 Hong Kong dollars; Estun Automation (02715) rose by 6.89% to 22.02 Hong Kong dollars; JOHNSON ELEC H (00179) rose by 5.45% to 21.3 Hong Kong dollars; Zhejiang Sanhua Intelligent Controls (02050) rose by 5.42% to 29.2 Hong Kong dollars. In terms of news, Yushu Technology's IPO registration has been approved. This IPO is expected to raise 4.202 billion yuan, and the funds raised will be used for the research and development of intelligent Siasun Robot&Automation models, the research and development of the Siasun Robot&Automation body, and the construction of an intelligent manufacturing base. The company's IPO application was accepted on March 20, successfully cleared on June 1, and registered on July 1. The entire review process took only 104 days from acceptance to registration, setting a record for the fastest review since the implementation of the pre-review mechanism on the Sci-Tech Innovation Board. Guotai Junan Securities pointed out that the humanoid Siasun Robot&Automation sector is currently at a key stage of transitioning from "theme mapping" to "industrial validation." Yushu's listing will provide a systematic valuation anchor for the entire industry chain, and component suppliers with core barriers to entry will be the first to benefit from mass production ramp-up.