HSBC: Micro-robotics-B overseas layout accelerated, maintaining a "hold" rating.

J.P. Morgan released a research report stating that it maintains a "hold" rating on MicroPort Robotics -B with a target price of 41 Hong Kong dollars. The core product of MicroPort Robotics, "Tumai," has accumulated orders exceeding 200 units, with approximately 20 new orders since late January 2026, continuing the strong momentum from October 2025 to January 2026 and easing some concerns about its sustainability. The coverage has expanded to over 50 countries and regions, with 12 markets ordering more than five units, led by emerging markets such as India and Brazil, while developed markets like Spain and Australia are also achieving accelerated breakthroughs.