HONG KONG, September 29, 2026: Chinese automation-equipment maker RoboTechnik Intelligent Technology saw its shares fall as much as 9.8% in its Hong Kong debut after raising about HK$5.18 billion, or roughly US$660 million, through its initial public offering.

Reuters reported that the shares opened amid mixed trading by new listings in Hong Kong. The company makes equipment used in photovoltaic manufacturing and silicon photonics for AI infrastructure. citeturn0news8

Technology business

RoboTechnik reported revenue of 608.1 million yuan in the first half of 2026, up 145.1% from a year earlier, and recorded a profit of 6.3 million yuan after a loss in the comparable period.

Use of IPO proceeds

The company plans to use funds from the listing for research and development, production expansion and overseas growth, according to Reuters. citeturn0news8

Read NewsNationOnline’s report on China’s AI investment cycle.

Source: Reuters.

Imran Siddiqui

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