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…
Ubtech Robotics set to keep stumbling into the red
The maker of humanoid and industrial robots faces high production costs and an array of competing machines from big names such as Xiaomi, Tesla, Amazon, and OpenAI Key Takeaways: Ubtech Robotics has predicted…
Humanoid Robot Maker Ubtech Limbers Up for IPO
The loss-making robotics company has filed to list on the Hong Kong Stock ExchangeKey Takeaways:Ubtech has been a pioneer in humanoid robotics, but several tech giants have now stepped into…
