Ubtech charms investors with companion robots – until reality sinks in
The humanoid robot maker’s stock jumped as much as 18% the day it unveiled a new line of companion models, only to give back all the gains the next trading…
BRIEF: Ubtech to acquire up to 43% of auto parts maker Fenglong for up to $424 million
Robotics company Ubtech Robotics Corp. Ltd. (9880.HK) said it will acquire up to 43% of auto parts and garden machinery maker Zhejiang Fenglong Electric Co. Ltd. (002931.SZ) for as much…