Surgerii, one of China’s surgical-robot ‘four little dragons’, has had its STAR Market IPO accepted, its second run at the capital market after an aborted 2023 attempt. The company is targeting a 700 million yuan raise and intends to list under the exchange’s fifth standard, which requires a market cap above 4 billion yuan but … Read more
From loss to 600m profit Three years ago the company was loss-making; two years ago quadrupeds were its only revenue. Now humanoids are half the business, with 2025 net profit hitting 600 million yuan. Revenue grew tenfold from 159 million yuan in 2023 to 1.7 billion yuan in 2025, while gross margin rose to 60.4 … Read more
China’s domestic DRAM leader Changxin Memory Technology made its debut on the Shanghai STAR Market on 27 July, delivering what may go down as one of the most explosive opening sessions in A-share history. The company priced its IPO at $8.66 per share. At the opening bell, the stock rocketed to $49.50 — an intra-day … Read more