The latest announcement is out from UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ).
UBTECH Robotics Corp Ltd has successfully completed the placing of new H shares, raising approximately HK$876.32 million in net proceeds. The placing involved 10,155,099 shares at a price of HK$90.00 per share, with the funds intended for use by the company and its subsidiaries, enhancing their financial position and operational capabilities.
More about UBTECH ROBOTICS CORP LTD Class H
UBTECH Robotics Corp Ltd is a joint stock company incorporated in the People’s Republic of China, specializing in robotics technology and innovation. The company is involved in the development and manufacturing of robotic products and solutions, focusing on advancing the robotics industry.
YTD Price Performance: 78.89%
Average Trading Volume: 11,287,466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$42.43B
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