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Hong Kong stocks fluctuated | FOURTH PARADIGM (06682) rose over 7% during the session. The company established the Paradigm Group last month and today announced an AI Asia Vets glasses solution.
FOURTH PARADIGM (06682) has risen over 7% during trading. As of the time of writing, it has increased by 6.61%, priced at 40.3 Hong Kong dollars, with a transaction volume of 0.18 billion Hong Kong dollars.
Robot Concept stocks rose across the board. SUTENG JUCHUANG (02498) increased by 7.03%. Daiwa pointed out that this year may be a year for the release and expansion of applications of humanoid robot models.
Jinwu Financial News | Robot Concept stocks rose overall, with Sutech Juchuang (02498) up 7.03%, FOURTH PARADIGM (06682) up 6.61%, Yuejiang (02432) up 5.51%, Ubtech (09880) up 5.32%, and Horizon Robotics (09660) up 0.46%. In terms of news, Daiwa released a report stating that 2025 is likely to be the year for the release and application expansion of humanoid robot models. The firm indicated that the rate of self-production and the reduction in costs for key components exceeded expectations. It also mentioned that the actuators and AI algorithms in the humanoid robot supply chain are likely to perform well in the short term.
Hong Kong stocks are experiencing fluctuations | Most AI Concept stocks are rising, Kingsoft Cloud (03896) is up over 8%, and Mifold (02556) is up over 7%.
Most AI Concept stocks have risen. As of the time of writing, Kingsoft Cloud (03896) is up 8.02%, priced at 7 Hong Kong dollars; Mai Fushi (02556) is up 7.06%, priced at 41.7 Hong Kong dollars.
FOURTH PARADIGM (06682) released an AI Asia Vets glasses solution.
In the current era of rapid Technology development, AI glasses are gradually transitioning from the realm of science fiction into reality, becoming a focal point in the Consumer Electronics field. Today, the Paradigm Group (06682) publicly launched the Phancy AI Asia Vets glasses solution.
Chinese humanoid robots are seizing a global $5 trillion "big track"!
Morgan Stanley expects that by 2050, a total of 1 billion humanoid robots will be deployed globally, with annual revenue reaching 4.7 trillion dollars, nearly double the total revenue of the top 20 global Auto Manufacturers in 2024. China's policy support, technological advancements, and manufacturing foundation place it in a leading position in the field of humanoid robots, especially in the Hardware supply chain.
FOURTH PARADIGM: ANNUAL REPORT 2024
