Tencent-backed agri-robot maker FJDynamics refiles for Hong Kong IPO after 1bn yuan of accumulated losses

After its September 2025 filing lapsed, FJDynamics has refiled for a Hong Kong IPO, joining a queue of nearly 50 robot companies now lined up for the exchange. Where most cluster into industrial and humanoid forms, FJDynamics stands apart by targeting agriculture, animal husbandry, construction and property management. Founded in 2017 by Wu Di, a … Read more

Where did H1 2026’s 93.5bn yuan in embodied-AI capital go? Heads took 70%, Beijing and Shenzhen lead

The first-half 2026 funding numbers for embodied AI are genuinely startling. IT Juzi counts 93.47 billion yuan deployed, up fivefold year on year, across 322 rounds, a 137% increase. Include overseas via GG Robot and the figure is 132.5 billion, up 428%. Same trend: a tide of capital rushing in. Where the money went The … Read more

Behind embodied AI’s ranking frenzy: how ‘world number one’ became a manufactured commodity

The speed of ‘first’ now outruns the speed of robot iteration. A model can go from launch to chart-topper in a week, and the charts refresh faster than products ship. When ‘first’ multiplies, the industry slides into a collective confusion about ranking inflation, and a fair question: who is actually manufacturing these titles? A manufactured … Read more

Standard Robots files for Hong Kong IPO a third time; a post-90s founder built an AMR unicorn but still runs at a loss

Standard Robots has submitted its prospectus to the Hong Kong exchange for the third time. On the industrial autonomous mobile robot, or AMR, track, the Shenzhen company is a genuine dark horse: its client list spans 3C electronics and automotive manufacturing and includes Huawei, Xiaomi, Toyota and NIO. From a 12-square-metre room Founder Wang Yongkun, … Read more

AgiBot files for Hong Kong IPO as ex-Huawei chief Deng Taihua steers humanoid maker to a capital exit

AgiBot has confirmed it is launching a Hong Kong listing, and it chose its timing with intent: the filing landed on the same day the Hong Kong exchange’s revised listing rules took effect. For a three-year-old humanoid maker, the move marks the shift from building product to cashing out capital. From zero to one in … Read more

The first country to be shorted by AI

Every frontier release from Silicon Valley now lands on the Indian market like a precision-guided quake. Across the first half of 2026, more than 23bn dollars in foreign money fled, dragging foreign ownership to 14.7 per cent, a level last seen fourteen years ago. The Nifty IT index, India’s answer to the Hang Seng Tech … Read more

OpenAI slashes GPT-5.6 API prices by up to 80 per cent

On 31 July, OpenAI cut API prices across the GPT-5.6 family. The steepest cut hits Luna, down 80 per cent, input to $0.2 per million tokens, output to $1.2. The balanced Terra model drops 20 per cent, input $2, output $12 per million. The flagship Sol holds its price but gains a Fast mode running … Read more

China’s industrial-robot champion Estun delivers over 10,000 units in a single quarter

The lead is durable. Estun first took the national crown in 2025 with a 10.6 per cent share and 25 per cent annual shipment growth, lifting local brands’ combined share above 56 per cent. It has now led domestic shipments for eight consecutive years and six consecutive quarters. The moat is vertical. While peers lean … Read more

Dobot, the world’s top collaborative-robot seller by volume, heads to China’s ChiNext

The path was paved by policy. A June 2025 directive let Greater Bay Area firms listed in Hong Kong list on the Shenzhen exchange. Dobot, which debuted on the HK bourse in December 2024, became the first H-to-A case from the region. Its ChiNext application was accepted just 17 days after a new reform paper … Read more

Standard Robots files for Hong Kong IPO a third time: revenue tripled, still no profit

Founder Wang Yongkun, just 35, started the company in 2016 from a 12-square-metre office with a five-person team and a startup loan. He bet early on laser-SLAM autonomous mobile robots, machines that route, avoid and schedule themselves on the factory floor. A 2018 cash crunch nearly killed it; at 26 he took over as CEO, … Read more