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<Research>CMSI Recommends UBTECH ROBOTICS/ XPENG-W/ HORIZONROBOT-W; Multiple Tailwinds Catalyze Robotics & Smart Driving Chains
Recommend
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Positive
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Negative
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The dual tracks of AI + smart driving and AI + robotics were enjoying multiple tailwinds, enhancing the sector effect and boosting the valuations of leading stocks, CMSI wrote in its research report.

For stock recommendation, CMSI's top picks for humanoid complete machines were UBTECH ROBOTICS (09880.HK) and XPENG-W (09868.HK). In the smart driving supply chain, the broker's key recommendations were HORIZONROBOT-W (09660.HK), HESAI-W (02525.HK) (HSAI.US), and ROBOSENSE (02498.HK). In terms of robotic components, its attention was on MINTH GROUP (00425.HK).

Related NewsSPDB Int'l Initiates Coverage on HORIZONROBOT-W, BLACK SESAME w/ Buy Ratings
CMSI raised the target prices for UBTECH ROBOTICS/ HORIZONROBOT-W to HKD155/ HKD13.8, with an Overweight rating remaining in place.
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