$ROBOTPHOENIX(06871.HK) rose by +17%; for this batch of Hong Kong stock robotics, any order news can drive a rally; $Unusual Machines(UMAC.US) rose by seven or eight percent, and $Joby Aviation(JOBY.US) along with $LAIFUAL(03952.HK) both rose by four to five percent.
The common point among industrial robots, drones, eVTOLs, and harmonic reducers is that none have yet reached the stage of economies of scale in mass production ramp-up; valuations are pushed higher one announcement at a time relying solely on order announcements 😸
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