Core Viewpoint - UBS has upgraded its earnings forecast for Sensetime Group (00425) due to better-than-expected progress in humanoid robots and AI server liquid cooling business, increasing the profit growth rate forecast from 7% to 8% for the period of 2026 to 2030 [1] Group 1 - UBS raised the target price for Sensetime from HKD 40.2 to HKD 45.5 while maintaining a "Buy" rating [1] - The company has signed a framework agreement with Harmonic Drive to establish a joint venture in the United States for the design, manufacturing, and commercialization of humanoid robot joint modules in North America [1] - Sensetime's California subsidiary is expected to hold a 60% stake in the joint venture, which is crucial for the localization of core component supply and sustainable development of its humanoid robot business in the North American market [1]