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<Research>Citi Maintains Positive View on CN Humanoid Robot Supply Chain, Sets UBTECH ROBOTICS (09880.HK) TP at $155
Recommend 10 Positive 18 Negative 10 |
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UBTECH ROBOTICS (09880.HK) announced that its Founder, Chairman and CEO, Zhou Jian, voluntarily committed not to reduce his personal holding of approx. 70.5744 million H-shares of UBTECH ROBOTICS, accounting for about 14% of its total share capital, within 12 months starting from 29 December 2025, Citi Research issued a research report saying. This move demonstrates Zhou's long-term commitment and optimistic attitude towards UBTECH ROBOTICS' humanoid robot business. The broker maintained a positive view on China's humanoid robot supply chain, but preferred key component manufacturer JSHL (601100.SH) over humanoid robot maker UBTECH ROBOTICS. Citi Research valued the loss-making UBTECH ROBOTICS using the PS ratio, and rated UBTECH ROBOTICS at Buy, with a target price of $155, based on a forecasted 23x PS ratio for 2026. AASTOCKS Financial News Website: www.aastocks.com |
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