HK Stock Market Move | GEEKPLUS-W (02590) Rises Over 8% in Afternoon Session; Embodied Intelligence Catalysts Intensify; Company's Commercialization Capability Has Been Validated

GEEKPLUS-W (02590) rose over 8% in the afternoon session, up 6.99% as of press time at HK$6.50, with turnover of HK$42.5466 million. On the news front, recent positive catalysts for Siasun Robot&Automation both domestically and overseas have driven the sector higher. The Ministry of Commerce and eight other departments issued a document explicitly promoting the deployment of embodied intelligence technology in scenarios such as commercial logistics, the State Administration for Market Regulation approved and released the first batch of six national standards for humanoid Siasun Robot&Automation, and industrial Siasun Robot&Automation output rose 29.1% year-on-year in the first three quarters, providing direct validation through fundamental industry data. OpenAI simultaneously signaled expansion of its Siasun Robot&Automation team, further reinforcing the overseas industry narrative. Among Hong Kong-listed Siasun Robot&Automation companies, Geek+ is one of the few targets with embodied product capabilities and one of only three Siasun Robot&Automation listed companies to surpass the RMB 1 billion revenue mark in half-year results. In February this year, Geek+ launched Gino 1, the world's first general-purpose Siasun Robot&Automation for warehousing scenarios, anchored on "real work"; in March, it released a tote-to-person embodied intelligent picking solution. In May, its unmanned picking workstation completed benchmark pilot acceptance at Schneider Electric's Shanghai logistics center. In July, Geek+ unveiled its "one core, dual engines" embodied layout strategy and the Gravity embodied intelligence framework at WAIC 2026.