Exclusive-Chinese robot maker AgiBot plans Hong Kong IPO next year, sources say
Yahoo Financeยท2025-10-10 09:19
By Julie Zhu and Liam Mo HONG KONG/BEIJING (Reuters) -Chinese humanoid robot maker AgiBot plans to launch an initial public offering in Hong Kong next year, eyeing a valuation of HK$40 billion to HK$50 billion ($5.14 billion to $6.4 billion), sources with knowledge of the matter said. AgiBot's listing plans, backed by investors such as Tencent and HongShan Capital Group (HSG), comes as Beijing steps up efforts to develop automation to address its aging population and bolster its position in robotics amid ...