BRIEF: Robot developer Yunji Tech to raise $85 million in Hong Kong IPO
AI-powered robotics and service automation firm Beijing Yunji Technology Co. Ltd. (2670.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$660 million ($85 million) by selling 6.9…
Youibot jumps on IPO assembly line to seize on robot vogue
China's robotics sector has become an investor darling lately on strong government support, prompting a growing number of IPOs by money-losing companies Key Takeaways: Youibot has applied to list in…
Dancing robots and K-pop diplomacy: China’s economic and social gambits
Unitree plans to file for an IPO by year end. And China has quietly lifted a nearly decade-old ban on K-Pop.
Dancing robot sensation Unitree boogeys towards IPO
The company behind the dancing humanoids that wowed viewers on China’s Lunar New Year’s Eve Gala plans to take its act to the capital markets by year end Key Takeaways:…
BRIEF: MicroPort ‘s revenue soars in first half of 2025
Medical robotics company Shanghai MicroPort MedBot (Group) Co. Ltd. (2252.HK) said on Thursday that its revenue surged 70% to 80% in the first half of this year from 99.24 million…
BRIEF: Dobot partners with YSB on pharmacy-focused robots
Robot manufacturer Shenzhen Dobot Corp. Ltd. (2432.HK) on Tuesday announced a strategic collaboration with YSB Inc. (9885.HK) to jointly develop robots for pharmaceutical applications. The partnership will see Dobot spearhead…
Shoucheng sheds ‘old economy’ label with robotic pivot
The company, whose businesses over the years have included everything from steel to fund management, is trying its hand at robotic investment and incubation Key Takeaways: Shoucheng’s gross profit declined…