SEER Robotics Surges 38% to One-Month High as CITIC Securities Sees Robot Rally Ready
SEER Robotics (6106.HK), billed as the “first stock in robot brains,” jumped as much as 38.53% in afternoon trading to HK$74.25, a one-month high. The shares have broken through their 5-, 10-, 20-, 30- and 60-day moving averages this week, while trading volume expanded sharply from recent levels and activity remained brisk, with turnover also rising.
CITIC Securities said the robot-themed rally has the conditions to start, lifting sentiment toward robotics and embodied-AI stocks. SEER Robotics, which focuses on robot controllers and autonomous mobile robots, drew renewed investor attention as sector momentum improved. Recently, sentiment in the robotics sector has warmed and funds have paid more attention to the theme. The report did not disclose further details on the brokerage’s rationale or the company’s fundamentals. The stock’s move stood out in Hong Kong trading on the day.