Fulai New Materials Drops 6.7% After Cooling Humanoid Robot Concept
Fulai New Materials saw sharp volatility, with its share price hitting a new intraday high before reversing course. By midday, the stock had fallen 6.7%, according to market data. The retreat followed a November 11 announcement in which the company addressed abnormal trading activity. Fulai stated that its flexible sensor project—the focus of recent market attention tied to the humanoid robot theme—accounts for a very low proportion of total revenue and has no material impact on its main business. The company also noted uncertainty surrounding future research and development as well as orders. The clarification appears aimed at cooling speculative interest in the humanoid robot concept, which has driven sharp gains in related stocks. Fulai's move underscores efforts by listed companies to manage expectations amid heightened market enthusiasm for embodied AI technologies.