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<Research>M Stanley: AI Diffusion & Industrial Upgrades Drive Growth; GEEKPLUS-W (02590.HK) Liked w/ TP $37
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The core themes of China's industrial sector development in 2026 will continue to be AI technology diffusion, industrial upgrades and globalization progress, according to Morgan Stanley's research report.

Equipment upgrades and the advancement of 'anti-involution' policies demonstrate the government's strong intent to boost productivity, which will benefit high-end equipment manufacturers.

Morgan Stanley was optimistic about GEEKPLUS-W (02590.HK) seizing opportunities to expand its global market share, and believed that the Company has the potential to successfully transform into a provider of unmanned warehouse solutions through other embodied intelligence product services.

Therefore, the broker rated GEEKPLUS-W at Overweight, with a target price of $37.
AAStocks Financial News
Website: www.aastocks.com