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…
Five millennials’ robotic dream heads for capital market with CRP listing bid
Industrial robot specialist CRP Robot Technology is the latest from its class rushing to make a Hong Kong IPO, hoping to seize on a recent craze for robotic stocks Key…
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 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: 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…
Switchbot taps market frenzy for robotic stocks
The maker of smart home-use robots has filed for a Hong Kong IPO, boasting a key elder of China’s high-tech gadget world as a major shareholder and non-executive director Key…
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…