Movement Alert|Rokae Robotics Surges 14.42% in Regular Trading, IPO Debut Fueled by 156x Oversubscription

Market Focus07-09

On July 9, Rokae Robotics surged 14.42% in regular trading on its first day as a listed company, trading at HK$44.0/share with turnover of HK$101 million, well above its IPO price of HK$38.0 per share.

The strong debut was driven by overwhelming investor demand during the IPO subscription period. The Hong Kong public offering was oversubscribed by 156.58 times, while the international offering was oversubscribed by 11.96 times. The company raised net proceeds of approximately HK$810 million from the global offering of 23.03 million H-shares, with funds earmarked for R&D, technology innovation, and commercial deployment.

Dubbed the first full-series intelligent robot stock on the Hong Kong exchange, Rokae Robotics reported revenue growth from RMB 267 million in 2023 to RMB 522 million in 2025, with gross margin improving from 11.4% to 21.9%. The company secured five cornerstone investors committing HK$275 million, including Guangfa Fund and Huatai Capital, with the National Manufacturing Transformation and Upgrade Fund among its shareholders.

Rokae Robotics is a next-generation intelligent robotics company founded in 2015, specializing in the R&D, production, and deployment of industrial robots, flexible collaborative robots, and humanoid embodied intelligence products. Headquartered in Shandong with R&D centers in Beijing, Tokyo, Shanghai, and Shenzhen, the company operates self-owned factories with annual 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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment