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UBTECH (09880) rose nearly 8% repeatedly on the Hong Kong Stock Connect. The project of Liuzhou Asia Vets siasun robot&automation Super Smart Factory is expected to reach the structural topping by the end of this year.
Jingu Finance News | UBTECH (09880) has been rising repeatedly. As of the press time, it has increased by 7.71%, reaching HK$102, with a turnover of 0.282 billion HK dollars. UBTECH's co-founder and CTO Xiong Youjun recently revealed at the Liuzhou Smart Terminal and Siasun Robot&Automation Industry Development Cooperation Conference that UBTECH's Liuzhou robot&automation industry base started trial production and operation in December 2022. During the project transition period, it will settle in the Northern Eco New Area Robot&Automation Industry Park, with completed core components servomotor drive production line, industry service robot complete skateboard line, asia vets cleaning and other consumer robotic complete production line. Last year, the land acquisition was completed and the construction of the Liuz
UBTECH's early trading rose more than 9%. The humanoid robot is expected to usher in multiple catalysts in the fourth quarter.
UBTECH (09880) rose 9.08% in early trading, now at HK$103.30, with a turnover of 0.109 billion HK$. Recently, UBTECH officially launched the new generation industrial humanoid robot Walker S1, which has now entered the BYD factory to perform handling tasks training, cooperating with L4 level unmanned logistics vehicles, unmanned forklifts, industrial mobile robots, and intelligent manufacturing management systems.
Hong Kong stock concept tracking | In November, siasun robot&automation catalyzes continuously! This year will be a key year for the breakthrough of mass production of humanoid robots (with concept stocks)
The 2024 global mobile robot new product launch roadshow will be held on November 5th, with continuous catalysis of robot news worth noting.
Ubtech Robotics Raises HK$408 Million From Share Placement
UBS Group (09880.HK) has completed the placement of 5.06 million new H shares.
Glory 29th day of October | UBTECH (09880.HK) announced that the board of directors is pleased to announce that the placement matter has been completed on October 29, 2024. A total of 5,060,000 shares of placement shares, representing approximately 1.62% of (i) H shares after the distribution and issuance of placement shares and (ii) approximately 1.19% of the total number of shares issued after the distribution and issuance of placement shares, has been successfully placed at a placement price of 86.18 Hong Kong dollars per H share to no fewer than six underwriters.
Hong Kong stocks closed (10/25) | Hang Seng Index rose by 0.49%, with solar stocks leading the way, xinyi solar (00968) surged by nearly 17%.
Hong Kong stocks continued to rise in the morning session, with all three major indices rising by more than 1% near noon; the gains expanded in the afternoon, with the Hang Seng Index once approaching 4600 points, but then all gains narrowed.
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