极智嘉(2590.HK)将被纳入恒生综合指数成份股，股价盘中涨超9%

Core Insights - The inclusion of Geek+ (2590.HK) in the Hang Seng Composite Index signifies its recognized industry position and growth prospects in the "AI + warehousing" sector [1] - Following the announcement, Geek+ shares surged, reaching a peak increase of over 9%, closing at HKD 23.30 [1] Group 1: Company Performance - Geek+ has secured multiple large orders exceeding CNY 1 billion, enhancing its global supply chain capabilities across e-commerce, fast-moving consumer goods, food and beverage, and retail sectors [1] - The company maintains the largest revenue scale and best profitability in the Hong Kong robotics sector, leading its peers in revenue for the first half of the year [1] - Adjusted EBITDA has turned positive, indicating improved profitability and significant commercial capability [1] Group 2: Market Expectations - Analysts from multiple brokerage firms anticipate a new performance release cycle for Geek+, driven by strong order reserves, project scalability, and continuous improvement in profitability metrics [2] - Morgan Stanley's report highlights the efficiency and cost advantages of professional robots in industrial settings, suggesting a differentiated competitive landscape with humanoid robots playing a supplementary role [2] - Geek+ is projected to have a valuation based on 11x PS by 2026, with potential growth opportunities in smart robot launches and core customer acquisition [2] Group 3: Market Impact - The inclusion in the Hang Seng Composite Index is expected to attract more passive and quantitative funds, enhancing liquidity and laying the groundwork for future inclusion in the Hong Kong Stock Connect [2]