HK Stock Market Move | LONGCHEER (09611) surges over 14% intraday; the company has deepened its layout in AI edge devices, and Siasun Robot&Automation's new data acquisition equipment business is scaling up.

LONGCHEER (09611) surged over 14% intraday, up 6.69% as of press time at HK$19.94, with a turnover of HK$35.2713 million. On the news front, edge AI stocks were mostly stronger today. According to Counterpoint, the penetration rate of generative AI phones in the global market is expected to reach 52% by 2027, with edge AI shifting from a premium selling point to a standard factory feature. Gartner data shows that the shipment share of AIPC will jump from 15.6% in 2024 to approximately 54.7% in 2026, and AIPC is expected to become the norm by 2029. In addition, NVIDIA's GTC conference is being held in Berlin from October 20 to 22, focusing on agentic AI, physical AI, and the Siasun Robot&Automation direction. Guotai Haitong previously noted that LONGCHEER has deepened its layout in AI edge devices and AIDC, opening a new growth cycle. The company continues to build data acquisition equipment for embodied Siasun Robot&Automation, which has passed customer validation, with mass production progressing at an accelerated pace. In addition, the company also possesses core component and ODM manufacturing capabilities for Siasun Robot&Automation, building industrial support capabilities covering data acquisition and R&D manufacturing.