Robotics ompany Dobot Corp Ltd rose 23% as shares have been included in the list of eligible securities for Southbound Trading under both the Shanghai Connect and the Shenzhen Connect.

This inclusion is expected to enhance the company’s recognition in the capital market, broaden its shareholder base, increase trading liquidity, and improve its investment value and reputation.

Founded in 2015, Dobot specializes in collaborative robots, or "cobots," that work alongside humans in settings such as factory floors. The company offers 27 cobot models for use in manufacturing, retail, healthcare, research settings and others, according to its prospectus.

Dobot describes itself as one of the top cobot players globally and No. 1 among Chinese cobot companies, with global market share of 13% as measured by shipment volume in 2023, citing an industry report it commissioned.