RoboTechnik Slips in Hong Kong Debut
Chinese automation equipment maker RoboTechnik Intelligent Technology opened lower in its Hong Kong trading debut. The company raised 5.18 billion Hong Kong dollars in its recent share sale.
Insights:
RoboTechnik Intelligent Technology is set to open 3.8% lower at HK$419.6 a share in its Hong Kong debut on Tuesday morning. The China automation equipment maker raised HK$5.18 billion ($660.35 million) in its share sale. The debut follows strong institutional interest in regional robotics suppliers.
