Understanding the Market | Sanhua Intelligent Controls surged in the afternoon but encountered resistance, currently down over 3%. Tesla's third-generation humanoid robot is expected to debut around mid-year

Zhitong
2026.04.23 06:20

Sanhua Intelligent Control's stock price surged in the afternoon, with the decline narrowing to less than 1%, but it has now fallen again with the market. As of the time of writing, it is down 3.11%, trading at HKD 29.9, with a transaction volume of HKD 395 million. In terms of news, according to Tesla's official Weibo, Tesla's third-generation humanoid robot is expected to debut in mid-year, with formal production starting in July-August 2026, and product testing is progressing steadily, with external application scenarios expected to be introduced next year. Additionally, Sanhua Intelligent Control previously announced that a board meeting will be held on April 29 to consider and approve the company's unaudited first-quarter results for the three months ending March 31, 2026, and its release. JP Morgan's previous research report pointed out that in the robotics business, Sanhua Intelligent Control is expanding from a single customer to a broader customer base and is independently developing core components such as actuators. Communication regarding Tesla's robot project has become more cautious, reflecting the sensitivity of the business relationship. The bank believes that Sanhua Intelligent Control's prudent management of profit margins and cash flow, robust core business, and layout in high-growth areas such as robotics and data centers will support long-term profitability and value growth

According to the Zhitong Finance APP, the stock price of Sanhua Intelligent Control (02050) surged in the afternoon, with the decline narrowing to less than 1%, but has now fallen again with the market. As of the time of publication, it has dropped by 3.11%, trading at HKD 29.9, with a transaction volume of HKD 395 million.

In terms of news, according to Tesla's official Weibo, Tesla's third-generation humanoid robot is expected to debut in mid-year, with formal production starting in July-August 2026, and product testing is progressing steadily, with external application expected next year. In addition, Sanhua Intelligent Control previously announced that a board meeting will be held on April 29 to consider and approve the unaudited first-quarter results for the three months ending March 31, 2026, and their release.

JP Morgan's previous research report pointed out that in the robotics business, Sanhua Intelligent Control is expanding from a single customer to a broader customer base and is independently developing core components such as actuators. Communication regarding the Tesla robot project has become more cautious, reflecting the sensitivity of the business relationship. The bank believes that Sanhua Intelligent Control's prudent management of profit margins and cash flow, robust core business, and layout in high-growth areas such as robotics and data centers will support long-term profitability and value growth

Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.