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24612 MBUBTEC@EC2604A (CALL)
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17/06/2025 16:02

{I-bank focus}Daiwa starts UBTech Robotics (09880) at HKD114

[ET Net News Agency, 17 June 2025] Daiwa initiates coverage of UBTech Robotics (09880)
with a target price of HKD114 and a "buy" rating.
The research house said it expects the company's humanoid robot shipments to increase
from 500 units in 2025E to >10,000 units in 2027E. (rc)

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