Live Updates > Live Update Details
2025-07-29 16:11:45
【JP Morgan Chase gives UBTECH Robotics its first "overweight" rating with a target price of HK$135】 ⑴ JP Morgan Chase published a report stating that UBTECH Robotics (9880.HK) has a leading position in the robotics industry and has benefited from policy support, giving it its first "overweight" rating. ⑵ The report emphasizes that the company has well-known customers such as BYD, Zeekr, and Beijing Auto, is headquartered in Shenzhen and has a close relationship with BYD, and is expected to receive more policy support in the future. ⑶ JP Morgan Chase believes that humanoid robots are a disruptive industry with huge development potential in the next decade, and gives a target price of HK$135, corresponding to an 11x price-to-sales ratio in 2027.
