Sanhua’s stock price fell, and the company clarified last night rumors about a large order for Tesla’s robots.
On October 16, $SANHUA (02050.HK)$ Hong Kong stocks initially fell nearly 7% at the market opening. As of the time of writing, the stock is trading at HKD 36.84 with a turnover exceeding HKD 100 million. The stock surged nearly 13% yesterday.
In terms of news, on the evening of October 15, Sanhua issued an announcement stating that it had recently noticed widespread rumors on online media about the company securing a large robotics order. After verification, these rumors were found to be untrue. The company also confirmed there are no undisclosed material matters that should have been disclosed. Additionally, on October 15, 2025, the company did not grant any interviews to the media.
Recently, online rumors claimed that Tesla had…
