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An update from UBTECH ROBOTICS CORP LTD Class H ( (HK:9880) ) is now available.
UBTECH ROBOTICS CORP LTD has agreed to form a limited partnership with Liuzhou Industrial Holding Fund and Liuzhou Industrial Guidance Fund to create the Robotics Industry M&A Fund, which will invest RMB660 million in the intelligent robot industry chain, concentrating on Liuzhou City’s existing industrial base. UBTECH will contribute RMB300 million as a limited partner, representing 45.45% of the fund’s capital, in a 10-year vehicle designed to back upstream and downstream players, core components and intelligent infrastructure, a move that strengthens its strategic positioning in China’s AI and robotics cluster and constitutes a discloseable transaction under Hong Kong listing rules.
The most recent analyst rating on (HK:9880) stock is a Sell with a HK$135.00 price target. To see the full list of analyst forecasts on UBTECH ROBOTICS CORP LTD Class H stock, see the HK:9880 Stock Forecast page.
More about UBTECH ROBOTICS CORP LTD Class H
UBTECH ROBOTICS CORP LTD is a China-based robotics company focused on the intelligent robot industry chain, including upstream and downstream sectors, core components and intelligent infrastructure. The company targets the broader artificial intelligence and robotics ecosystem, seeking to leverage regional industrial bases such as Liuzhou City to deepen its participation in the sector’s development and investment landscape.
Average Trading Volume: 8,293,815
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$70.17B
For an in-depth examination of 9880 stock, go to TipRanks’ Overview page.