688017.SS#160
Thesis
Top Chinese humanoid-robotics pick; >60% domestic harmonic reducer market share; 1800+ global customers; exposure to humanoid joint actuators, linear actuators, motors
Original post text
专门写给我的中文读者：绿的谐波（LeaderDrive，688017，577.3亿人民币）是我在布局人形机器人赛道时最青睐的中国上市标的。
🐂 Bull Case
- 688017.SS revenue growth (0.43) accelerates on AI/photonics/memory demand, supports PT +20-30%
- Price above SMA50 (249.5) with SMA200 (193.6) below; momentum intact, Weinstein stage 2
- Sector rotation favors semis/AI infra; institutional inflows expanding the multiple
🐻 Bear Case
- RSI at 67.7 signals overbought risk; sharp pullback possible on macro shocks
- Gross margin (0.31741) compression if competitive pressure or capex rises sharply
- PE (524.0) elevated — guide-down on next earnings could trigger de-rating
🚫 Invalidation
Weekly close below SMA200 (193.6) on above-average volume
Break Conditions
- Weekly close below SMA200 (193.6)
- Revenue growth turns negative for 2+ consecutive quarters
Price Tracking
| Label | Ticker | Price | Recorded |
|---|---|---|---|
| t+3d | 688017.SS | $424.00 | 2026-06-10 18:38:38 |
Metadata
T0 Price: $393.00
Created: 2026-06-05 18:33:20
Scored: 2026-06-05T18:34:27.041885+00:00
Updated: 2026-06-10T18:38:38.154790+00:00