Qiyuan Hits 10,000 Robots; Apple HALO Debuts; Robot ETF Jumps 3%

On November 9, Chinese A-share markets edged higher, with the Shanghai Composite rising more than 0.6%, as the physical-AI theme reignited. Unitree Technology surged over 14%, pushing its market value back above 300 billion yuan. Shangwei New Materials climbed more than 17% and briefly hit the 20% daily limit. The underlying index of the Robot ETF Huifu (159213) gained more than 3%, with most constituents advancing; Tuopu Group and Green Harmonic also posted sharp gains. The moves came amid a broad rebound in growth-oriented technology shares.

Separately, Qiyuan Robot said its 10,000th personal robot had rolled off the production line, a milestone for mass production and delivery. Apple unveiled its humanoid HALO system, which the company says achieved an average test success rate above 90%, drawing attention to humanoid-robot progress.

Market watchers linked the rally to growing convergence between physical AI and robotic hardware, with capital flowing toward core components, complete machines and consumer-facing robot platforms. The ETF's advance reflected strength across the domestic robotics supply chain.