Green Harmonic hits 20% daily limit after Serenity endorsement

Green Harmonic hits 20% daily limit after Serenity endorsement

China-listed harmonic reducer supplier Green Harmonic, also known as Leaderdrive, surged as Serenity’s explicit stock call fueled humanoid-robotics enthusiasm; turnover reached CNY 7.929 billion and after-hours data showed concentrated buying.

Fact Check
Odaily newsflash 487185 explicitly states Green Harmonic hit a 20% daily limit at 393 yuan, attributing it to Serenity's endorsement and Jensen Huang's robotics comments in Korea. Newsflash 487161 corroborates the Serenity X-post catalyst earlier the same day. All key facts in the claim are supported.
    Reference12
Summary

Green Harmonic, also referred to as Leaderdrive and the A-share company 绿的谐波, rose 20.00% to its daily limit at 393 yuan on June 5 after Serenity publicly endorsed the stock as a favored China-listed humanoid robotics play. Serenity said the company holds more than 60% of China’s harmonic reducer market and put its market value at about 57.73 billion yuan. Trading turnover reached CNY 7.929 billion, the turnover rate was 12.22%, and after-hours disclosures showed the Chaogu Yangjia trading seat recorded net buying of CNY 111 million. The move came amid a public dispute between Serenity and market commentator Garrett Jin over the timing of investing in China’s humanoid robot sector, while Nvidia CEO Jensen Huang’s comments in South Korea that robotics could become Korea’s next major industry added to broader investor interest.

Terms & Concepts
  • harmonic reducer: A precision motion-control component used in robotic systems to transmit movement accurately.
  • daily limit: The maximum permitted price move for a stock in a single trading session on an exchange.
  • turnover rate: The share of tradable shares exchanged during a trading session.