On July 13, Rokae Robot (03752.HK) fell 15.75% in regular trading, trading at 47.28 HKD/share, with turnover of approximately 60.89 million HKD. The stock had surged over 25% in the morning session before sharply reversing in the afternoon, recording an intraday amplitude exceeding 42%.
The dramatic swing comes just four trading days after the company's IPO on July 9 at an issue price of 38 HKD. The listing attracted significant market enthusiasm, with Hong Kong public offering oversubscribed 156.58 times and international placement oversubscribed 11.96 times, raising net proceeds of approximately 811 million HKD. However, concerns persist over profitability — the company reported consecutive annual losses of RMB 1.57 billion, 1.92 billion, and 1.79 billion from 2023 to 2025, while its fast-growing embodied intelligence segment carries a gross margin of only 10.7%.
Rokae Robot is a next-generation intelligent robotics company specializing in industrial robots, flexible collaborative robots, and humanoid embodied intelligence products. Headquartered in Shandong, it operates R&D centers in Beijing, Tokyo, Shanghai, and Shenzhen, with annual production capacity exceeding 50,000 units.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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