Alibaba and baidu lead investment, siasun robot&automation head horizon robot goes public in Hong Kong, planning to raise 5 billion yuan | IPO Watch
According to the prospectus disclosure, Horizon Robotics has completed 11 rounds of financing since its establishment, with a pre-IPO valuation of 62.7 billion RMB. In the first half of 2024, Horizon Robotics' revenue was 0.9346 billion yuan, a year-on-year increase of 151.6%, with a gross margin of 79%.
Baidu, Inc. (BIDU) Is Attracting Investor Attention: Here Is What You Should Know
Zynp Corporation (002448.SZ): Currently not cooperating with baidu on self-driving cars.
On October 16, Zynp Corporation (002448.SZ) stated on the investor interaction platform that the company is currently not cooperating with baidu on self-driving cars.
Hong Kong stocks morning report on October 16: Five departments will hold a press conference on real estate. The H-share Golden Dragon Index fell by 5.92%.
①Fed's Daley said that if inflation falls as expected, interest rates will be cut one to two more times this year. ②IMF predicts that global public debt will exceed 100 trillion US dollars for the first time by the end of the year. ③US stock markets collectively fell, with ASML Holding underperforming dragging down the semiconductor sector; China concept stocks dropped across the board, with the Nasdaq Golden Dragon Index falling by 5.92%. ④The heads of five departments will attend a press conference on the 17th to introduce the real estate market situation.
Horizon (9660.HK) started its IPO in Hong Kong on October 16, with investments from well-known institutions such as alibaba, baidu, and many others.
On October 16, leading technology company Horizon Robotics (9660.HK) started its IPO in Hong Kong. In this IPO, Horizon Robotics plans to globally issue 1,355,106,600 shares, with 135,511,200 shares publicly offered in Hong Kong, accounting for approximately 10%; 1,219,595,400 shares for international placement, accounting for about 90%, with an additional 15% over-allotment option. The price range is set at HK$3.73 to HK$3.99 per share, with trading units of 600 shares each, aiming to raise a maximum of approximately 5.4 billion Hong Kong dollars. The shares are expected to be listed on the Hong Kong Stock Exchange on October 24 during the IPO period.
Deep analysis of financial reports: Musk's expanding Cybercab dream, can't catch up with the quietly successful baidu?
On October 11th, tesla held a Cybercab (Elon Musk called the Robotaxi Cybercab) launch event at Warner Bros. Studios in Los Angeles, California, usa.
