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UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) has issued an update.
UBTECH Robotics Corp Ltd has announced that its directors, supervisors, and senior management have collectively purchased H shares in the company, signaling their confidence in its business prospects and long-term value. This strategic move suggests a strong belief in the company’s potential growth, and the management has indicated the possibility of further increasing their shareholdings, with plans not to exceed RMB50 million in additional purchases over the next 12 months, while maintaining compliance with regulatory requirements.
More about UBTECH ROBOTICS CORP LTD Class H
UBTECH Robotics Corp Ltd is a joint stock company established in the People’s Republic of China, specializing in robotics technology. The company is involved in the development and production of advanced robotics and AI-driven solutions, targeting various industries with innovative products and services.
YTD Price Performance: 29.75%
Average Trading Volume: 6,657,416
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: HK$30.77B
Find detailed analytics on 9880 stock on TipRanks’ Stock Analysis page.
