BRIEF: Ubtech to acquire 43% of Fenglong Electric for $237 million
Robotics company Ubtech Robotics Corp. Ltd. (9880.HK) announced on Wednesday that it will acquire 43% of Shenzhen-listed Zhejiang Fenglong Electric Co. Ltd. (002931.SZ) for a total consideration of about 1.67…
BRIEF: Ubtech to raise $400 million in share placement at 11.4% discount
Robotics maker Ubtech Robotics Corp. Ltd. (9880.HK) announcedon Tuesday that it plans to place 31.468 million new H-shares, representing 6.3% of its enlarged share capital. The shares will be priced…
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…
Investors are tapped for more cash as iMotion’s ambitions take flight
The automotive technology company is planning to issue yet another set of shares to fund its accelerating expansion into robotics and flying cars Key Takeaways: The company hopes to raise…
Yunji rides robotics wave to Hong Kong IPO with A-list of backers
Digitization of China’s hospitality sector is boosting demand for related robots, providing fertile ground for the company’s products Key Takeaways: Yunji Technology has filed to list in Hong Kong, reporting…
BRIEF: Ubtech raises $113 million in fourth post-IPO share placement
Shenzhen-based robotics manufacturer Ubtech Robotics Corp. Ltd. (9880.HK) announced on Thursday it plans to raise HK$876 million ($113 million) through the placement of over 10.1 million new shares, representing approximately…
BRIEF: Dobot opens up 4.8% in Hong Kong trading debut
Shares of collaborative robot maker Shenzhen Dobot Corp. Ltd. (2432.HK) opened up 4.8% in their trading debut on Monday in Hong Kong from their offer price of HK$18.80. They later…
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