On 30 July, InnoLight rang the bell in Hong Kong, raising 53.4 billion HK dollars, about 6.8 billion US dollars, with greenshoe. The issue price was 980 HK dollars. Its A-share fell 9.15 per cent that day and the Hong Kong debut closed down 2.04 per cent, breaking issue on day one. Yet the queue … Read more
On 5 August, Estun, China’s leading industrial-robot maker, said it would buy 100 per cent of Estun Cube for 487 million yuan, about 68 million US dollars, in cash through a subsidiary. The deal is a related-party transaction: Cube’s largest outside shareholder is Estun’s own controlling holder, with 39.07 per cent. What makes investors uneasy … Read more
On 30 July, Unitree published its STAR-market prospectus and set a listing date. Within days its closest rival, AgiBot, confirmed it has started the Hong Kong IPO process, though it has not yet named sponsors, filing time or raise size. The two have spent months sparring across shipments, production and now the public market. A … Read more
On 5 August, Bloomberg reported that AISquared, a Shenzhen embodied-AI startup, is weighing a Hong Kong IPO and has hired banks for early preparations, with a listing possibly opening as soon as 2027. The company has not commented officially, and the talks remain fluid. The report lands as China’s humanoid and embodied-intelligence sector hits a … Read more
India’s artificial-intelligence ambition has run into an uncomfortable truth. Two years after Delhi launched its India AI Mission and hosted what it called the largest-ever AI impact summit, the country still has no frontier model of its own and little local AI infrastructure. That leaves Indian firms dependent on American GPUs and, increasingly, on cheaper … Read more
On 28 July, the Trump administration unveiled a ban on new categories of Chinese robots and grid-tied inverters, aimed at protecting US manufacturing and reshoring industries the administration expects to grow explosively. The Federal Communications Commission made it formal that afternoon. Imports of advanced Chinese robotic equipment, such as humanoids and quadrupeds with networking functions, … Read more
On 26 July, SHEIN disclosed its post-hearing information pack to the Hong Kong Stock Exchange. If the listing goes ahead, it will be the largest cross-border e-commerce IPO in Hong Kong in 2026. Built on a digital flexible-supply-chain model, a dual engine of owned retail and platform, and deep integration of cross-border commerce with industrial … Read more
Unmanned-delivery vehicles are suddenly everywhere in China, and the question for 2026 is whether this is real scale or another bubble pumped up by capital and industry hype. The trigger was not a 2025 technology break but an economic case that finally started to close. Three years ago a single vehicle cost 200,000 to 400,000 … Read more
Standard Robots has filed for a Hong Kong IPO a third time, and the numbers show why the listing matters so much. The industrial mobile-robot maker had under 50 million yuan of cash at April 2026 and had stacked cumulative losses above 400 million yuan. Its first filing in June 2025 lapsed, as did a … Read more
A week after its cheapest-ever model sparked talk of a pricing kill line, DeepSeek announced it will raise API prices. On 6 August the company told its developer platform that pricing would rise soon by a large margin, and users began receiving emails. The message was blunt: keep using after the change and you accept … Read more