BUZZ-China's UBTech climbs to two-month high on share sale plan

Reuters02-20

** Shares of Chinese humanoid robot maker Ubtech Robotics Corp 9880.HK jump 9% to HK$107.3, their highest levels since December 11

** Stock on track for a third straight session of gains, if current trend holds

** Ubtech Robotics plans sale of 10.16 mln new shares, or 2.3% of the enlarged share capital, to third-party investors raising HK$914 mln ($117.5 mln) for business development, products commercialisation, while broadens its shareholders base

** The Hang Seng Tech Index .HSTECH falls 1.4%, and Hang Seng Index .HSI declines 1.2%

** Stock up 87% YTD

($1 = 7.7774 Hong Kong dollars)

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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