BRIEF: Ubtech makes fifth share placement since IPO

Robotics maker Ubtech Robotics Corp. Ltd.  (9880.HK) said on Tuesday it would place 30.16 million new shares at HK$82 apiece, representing a 9.1% discount to Monday's close and diluting its…

JL Mag Steps Up R&D Spending as Growth Slows

The world’s top producer of rare earth magnetic materials said its revenue and profit growth slowed in the second half of last year, as sales to one of its key…