Morgan Stanley recommends Beijing Geekplus Technology (2590.HK) as top pick, applying 8.0x 2026 price‑to‑sales multiple (~20% discount to peers).
Shenzhen Inovance Technology (300124.SZ) valued at 35x 2026 PE for core business and 5x price‑to‑sales for humanoids, reflecting AI and EV growth.
Shanghai BOCHU Electronic Technology (688188.SS) receives 35x 2026 PE, citing dominant laser‑cutting motion control market share and expansion into welding systems.