Core Insights - Cloudwalk (2670.HK) debuted on the Hong Kong Stock Exchange today, opening at 142.8 HKD, a 49.37% increase from its IPO price of 95.60 HKD, resulting in a market capitalization of 9.8 billion HKD [1][2] - The IPO was highly successful, with a public offering subscription rate of 5,657.20 times and an international placement subscription rate of 18.62 times [1] Company Overview - Cloudwalk is a leading AI-enabled robotics service technology company, providing robots and functional suites along with AI digital systems [1] - The company offers adaptable and scalable products and services, including robots that can interact with the real world and AI systems that optimize decision-making [1] Market Position - According to Frost & Sullivan, Cloudwalk ranks first globally in the robotics agent market for 2024, with an average of 27,000 concurrently operating robots and serving 230 million consumers [1]