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UBTECH ROBOTICS Opens 2.3% Lower; 6th Share Placement Since Last Aug
Recommend 5 Positive 8 Negative 5 |
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UBTECH ROBOTICS (09880.HK) opened 2.33% lower at HKD108.9. Pre-market trading volume was 2.225 million shares, involving approximately HKD248 million. This was the company's sixth placing since August 2024, with the most recent one in July 2025. UBTECH ROBOTICS placed 31.468 million new H shares, representing approximately 6.25% of the enlarged share capital, at a price of HKD98.8 per share, representing a discount of approximately 11.39% to the closing price of HKD111.5 per H Share as quoted yesterday (24th). The company expected the net proceeds from the placement to be approximately HKD3.056 billion. AASTOCKS Financial News Website: www.aastocks.com |
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