Stock Track | UBTECH ROBOTICS Soars 8.74% on Share Sale Plan to Fund Growth

Stock Track02-20

UBTECH ROBOTICS, a leading Chinese humanoid robot maker, saw its shares surge 8.74% in Thursday's intraday trading session. The stock climbed to its highest level in two months, fueled by the company's announcement of a share sale plan to raise funds for business development and product commercialization.

According to the plan, UBTECH ROBOTICS will issue 10.2 million new H shares, representing 2.3% of the enlarged share capital, to third-party investors. The placement is expected to raise HK$914 million (approximately $117.5 million), which will be used to support the company's growth initiatives, broaden its shareholder base, and strengthen its position in the rapidly evolving robotics industry.

The news of the share sale was warmly welcomed by investors, who viewed it as a positive step towards accelerating UBTECH ROBOTICS' growth and expanding its product offerings. The influx of fresh capital is expected to fuel the company's efforts in developing and commercializing cutting-edge robotic solutions, potentially driving revenue growth and enhancing shareholder value in the long run.

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

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1113378830?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-02-20 10:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1113378830","market":"hk","top_or_hot":-1,"title":"Stock Track | UBTECH ROBOTICS Soars 8.74% on Share Sale Plan to Fund Growth","media":"Stock Track","content":"<p>UBTECH ROBOTICS, a leading Chinese humanoid robot maker, saw its shares surge 8.74% in Thursday's intraday trading session. The stock climbed to its highest level in two months, fueled by the company's announcement of a share sale plan to raise funds for business development and product commercialization.</p>\n\n<p>According to the plan, UBTECH ROBOTICS will issue 10.2 million new H shares, representing 2.3% of the enlarged share capital, to third-party investors. The placement is expected to raise HK$914 million (approximately $117.5 million), which will be used to support the company's growth initiatives, broaden its shareholder base, and strengthen its position in the rapidly evolving robotics industry.</p>\n\n<p>The news of the share sale was warmly welcomed by investors, who viewed it as a positive step towards accelerating UBTECH ROBOTICS' growth and expanding its product offerings. The influx of fresh capital is expected to fuel the company's efforts in developing and commercializing cutting-edge robotic solutions, potentially driving revenue growth and enhancing shareholder value in the long run.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | UBTECH ROBOTICS Soars 8.74% on Share Sale Plan to Fund Growth</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | UBTECH ROBOTICS Soars 8.74% on Share Sale Plan to Fund Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-02-20 10:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>UBTECH ROBOTICS, a leading Chinese humanoid robot maker, saw its shares surge 8.74% in Thursday's intraday trading session. The stock climbed to its highest level in two months, fueled by the company's announcement of a share sale plan to raise funds for business development and product commercialization.</p>\n\n<p>According to the plan, UBTECH ROBOTICS will issue 10.2 million new H shares, representing 2.3% of the enlarged share capital, to third-party investors. The placement is expected to raise HK$914 million (approximately $117.5 million), which will be used to support the company's growth initiatives, broaden its shareholder base, and strengthen its position in the rapidly evolving robotics industry.</p>\n\n<p>The news of the share sale was warmly welcomed by investors, who viewed it as a positive step towards accelerating UBTECH ROBOTICS' growth and expanding its product offerings. The influx of fresh capital is expected to fuel the company's efforts in developing and commercializing cutting-edge robotic solutions, potentially driving revenue growth and enhancing shareholder value in the long run.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"09880","symbol_name":"优必选","start_time":0,"source_url":"","article_id":"1113378830","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1113378830","pubTimestamp":1740017940,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"UBTECH ROBOTICS, a leading Chinese humanoid robot maker, saw its shares surge 8.74% in Thursday's intraday trading session. The stock climbed to its highest level in two months, fueled by the company's announcement of a share sale plan to raise funds for business development and product commercialization.According to the plan, UBTECH ROBOTICS will issue 10.2 million new H shares, representing 2.3% of the enlarged share capital, to third-party investors. The placement is expected to raise HK$914 ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"09880":"优必选"},"translate_title":"优必选机器人因股票出售计划为增长提供资金而飙升8.74%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"09880":1},"content_text":"UBTECH ROBOTICS, a leading Chinese humanoid robot maker, saw its shares surge 8.74% in Thursday's intraday trading session. The stock climbed to its highest level in two months, fueled by the company's announcement of a share sale plan to raise funds for business development and product commercialization.\nAccording to the plan, UBTECH ROBOTICS will issue 10.2 million new H shares, representing 2.3% of the enlarged share capital, to third-party investors. The placement is expected to raise HK$914 million (approximately $117.5 million), which will be used to support the company's growth initiatives, broaden its shareholder base, and strengthen its position in the rapidly evolving robotics industry.\nThe news of the share sale was warmly welcomed by investors, who viewed it as a positive step towards accelerating UBTECH ROBOTICS' growth and expanding its product offerings. The influx of fresh capital is expected to fuel the company's efforts in developing and commercializing cutting-edge robotic solutions, potentially driving revenue growth and enhancing shareholder value in the long run.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.33.2","shortVersion":"4.33.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1113378830"}