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…
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…
