40+ AI Firms Demo Real Work at Bund; UDI Robot Jumps 150% in HK Debut
The Bund Conference this year allocated more substantial exhibition space for embodied AI. From September 9 to 12, over 40 embodied AI companies gathered, shifting demonstration scenarios from booths to pharmacies and factories.
A Securities Times report on September 10 noted that UDI Robot surged over 150% on its Hong Kong Stock Exchange debut, becoming the first AI consciousness robot stock in Hong Kong. This gain boosted secondary market sentiment for the robotics sector.
As of 13:11 on September 16, the Robot ETF (E Fund) rose 1.43%, with component stocks including Topstar, Luster Light, Leaderdrive, Orbbec-W, Fengtai Tech, and Estun posting gains.
The Robot ETF (E Fund) tracks the robot industry index, focusing on robot bodies and core components such as reducers, servo motors, sensors, and controllers. Its top five holdings are Leaderdrive, Shuanghuan Transmission, Robot, Roborock, and Ecovacs.
This composition reflects the current profit distribution in the embodied AI supply chain. Integrators are still in the investment phase, while suppliers of core components like reducers, servo motors, and sensors have begun to see stable shipments and margins. Leaderdrive makes harmonic reducers and planetary roller screws; Orbbec produces 3D vision sensors; Fengtai Tech develops motor driver control chips. These companies are upstream of robot body manufacturers. When integrator shipments rise, component orders pick up first.
UDI Robot's listing gives Hong Kong a start. Positioned as an AI consciousness robot, it rose over 150% on its first day. The significance lies in the fact that Hong Kong had previously been conservative in valuing robotics companies; UDI's performance will change primary market expectations for returns on Hong Kong IPOs of robotics firms. After Unitree Technology listed on the STAR Market in August, its stock fell 57.27% from its high, indicating a correction in A-share pricing of humanoid robot concepts. UDI's strong Hong Kong debut offers a contrast. The two markets have different investor structures and different pricing logic for similar assets.
From pharmacies to factories, the focus is on scenarios rather than parameters. Over 40 companies gathered, and robots are starting to really work—the key phrase is "really working." In the past two years, exhibitions commonly featured walking, running, dancing, and grabbing, which validated body capabilities. At the Bund Conference, the scenarios are pharmacies and factories, corresponding to specific tasks and business processes. Pharmacy scenarios involve fetching, checking, and delivering; factory scenarios involve sorting, handling, and loading/unloading. These tasks are not necessarily harder, but they have clear customers, payers, and operating standards. Whether robots can run stably in these scenarios is more convincing than completing a beautiful action on stage. The Securities Times report identifies AI new economy moving from concept to industry depth as the observation point for this Bund Conference, based on the shift from demonstrations to actual business processes.