A research report released by Huatai Securities highlights that the intelligent driving and robotics sectors witnessed an oversold rebound last week. However, they still recorded declines of 12.61% and 10.91%, respectively, in July. Huatai Securities attributes the recent uptick primarily to valuation recovery and capital rotation dynamics. Notably, the robotics sector is undergoing a pivotal shift—from theme-driven pricing to a model grounded in mass production capabilities and demand validation.

Huatai Securities recommends focusing on two primary investment themes: the domestic supply chain and the Tesla supply chain. The domestic supply chain is receiving a short-term boost from Unitree's market debut. Meanwhile, the Tesla supply chain's trajectory hinges on monitoring the production and demonstration outcomes of Optimus. Although the timeline for mass production is nearing, market expectations remain subdued.

In the intelligent driving sector, a recent breakthrough has emerged in the right-hand drive market for Robotaxi services. On the policy front, China and the United States are advancing in tandem. The National Highway Traffic Safety Administration (NHTSA) is expediting the commercialization of Robotaxi services. In China, mandatory national standards are progressing into the preparatory phase for implementation. Notably, Geely, BYD, and Chery have emerged as the first three companies to secure system certification. Given these developments, L2 intelligent driving stocks—which suffered significant declines in their early stages—are poised to bottom out and rebound as industry expectations continue to improve.