BUZZ-HK-listed UBTech jumps on Foxconn partnership in humanoid robotics

Reuters
15 Jan

** Shares of UBTech Robotics Corp Ltd jump 15.7% to HK$55.05, on track for their biggest one-day rise since Oct 22, if gains hold

** Stock of the Chinese humanoid robot maker hit the highest since Jan. 2, set to gain for a second session ** UBTech Robotics and Foxconn announced the establishment of a long-term strategic cooperation to jointly implement the application of humanoid robots in the field of intelligent manufacturing

** Says they will promote the practical application of UBTech humanoid robots in Foxconn's smart manufacturing scenarios

** Hang Seng Tech Index slips 0.04% while Hang Seng Index adds 0.1%

(Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10