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UBTECH Robotics Executives Increase Stake in Company

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An update from UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) is now available.

UBTECH ROBOTICS CORP LTD announced that its directors, supervisors, and senior management have collectively purchased H shares of the company in the open market, demonstrating their confidence in the company’s business prospects. They believe the current share price undervalues the company and may consider further increasing their shareholdings, with an estimated maximum purchase amount of RMB50 million over the next 12 months.

More about UBTECH ROBOTICS CORP LTD Class H

UBTECH ROBOTICS CORP LTD is a company established in the People’s Republic of China, specializing in robotics technology. The company is listed on the Stock Exchange of Hong Kong and focuses on the development and sale of robotics products and services.

YTD Price Performance: 49.04%

Average Trading Volume: 14,089,117

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$36.18B

See more data about 9880 stock on TipRanks’ Stock Analysis page.

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