"Spring Festival Gala robots trigger surge in Hong Kong stocks"

On February 23rd, the Hong Kong stock market welcomed the second trading day of the Year of the Horse. The robot concept sector performed well, with a strong increase of 1.76% by midday. Among the component stocks, ASMPT surged by 5.27%, Hua Hong Semiconductor by 4.83%, and individual stocks like Nisitech, Jinli Permanent Magnet, and Tiangong International followed the trend. The heat brought by the Spring Festival Gala directly transmitted to the consumer end, and the sales of robot products on major e-commerce platforms saw explosive growth. According to official data from Douyin e-commerce, from February 16th to 18th, the GMV of robot products on Douyin e-commerce increased by 1680% year-on-year, and the order volume increased by 655% year-on-year.