Source: China – South China Morning PostShenzhen-based UBTech Robotics, China’s top maker of humanoid robots, plans to raise about HK$2.41 billion (US$307 million) through a share placement in Hong Kong, according to a filing on Tuesday.
The company, which became the first robotics maker on the Hong Kong stock exchange in 2023, is offering 30,155,450 new shares at HK$82 per share, representing a discount of about 9 per cent to the closing price of HK$90.25 on Monday.
The new shares would represent around 6.39 per cent of the company’s…Read More