Robotic dreams get too expensive for investors
After a boom that lifted humanoid robot stocks to lofty heights, a recent selloff shows investors are reassessing growth expectations and the path to profitability By Lee Shih Ta…
Direct Drive forms partnership with South Korea’s Everybot
Robotics technology company Direct Drive Tech Ltd. (6731.HK) said on Tuesday that it has formed a strategic partnership with South Korean robotic mop maker Everybot Inc. (270660.KS) to jointly develop…
After pricy robotics push, CSG powers up for Hong Kong listing
The provider of equipment for power grids and industrial automation is seeking to raise funds for AI-related product upgrades and overseas expansion Key Takeaways: CSG returned to profit two years…
Microintelligence launches $100 million Hong Kong IPO
Industrial robot maker Changzhou Microintelligence Co. Ltd. (3275.HK) began taking investor subscriptions on Tuesday for its Hong Kong IPO. The company plans to offer 37.28 million shares at HK$16.63 to…
Orbbec motors into rapidly cooling robotics IPO market
Stumbling sentiment towards robotics may force the company to discount its planned Hong Kong share sale to attract investors Key Takeaways: Orbbec has filed for a Hong Kong IPO, reporting…
Camsense triples in Hong Kong trading debut
Shares of robot vacuum component maker Shenzhen Camsense Technologies Co. Ltd. (6802.HK) soared in their Hong Kong trading debut on Wednesday, nearly doubling at the open and climbing during the…
Who needs humanoids? Direct Drive Tech bets on simpler household robots
The company is aiming to list in Hong Kong, feasting on a Chinese direct drive actuator module market that soared from 200 million yuan in 2023 to 1.9 billion yuan…
