Ubtech charms investors with companion robots – until reality sinks in
The humanoid robot maker’s stock jumped as much as 18% the day it unveiled a new line of companion models, only to give back all the gains the next trading…
OneRobotics powers ahead on top line, but falls just short of profits
The robotic company’s maiden post-listing financial report includes high revenue growth and an improving gross margin, but stable profits are still some distance away Key Takeaways: OneRobotics reported its revenue…
BRIEF: Ubtech to acquire up to 43% of auto parts maker Fenglong for up to $424 million
Robotics company Ubtech Robotics Corp. Ltd. (9880.HK) said it will acquire up to 43% of auto parts and garden machinery maker Zhejiang Fenglong Electric Co. Ltd. (002931.SZ) for as much…
BRIEF: Ubtech, Liuzhou funds to co-invest in smart robotics supply chain
Robotics company Ubtech Robotics Corp. Ltd. (9880.HK) said on Thursday that it has signed agreements with the Liuzhou Industrial Holding Fund and Liuzhou Industrial Guidance Fund to co-invest in the smart robotics…
Junion brings embodied intelligence to the factory floor – and finds profits there
As enthusiasm for embodied intelligence builds, the IPO candidate represents a standout case of a robot maker that can back its hype with profitability Key Takeaways: Junion Intelligent has filed…
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…