Chinese robot maker AgiBot pursues Hong Kong IPO, hiring 3 sponsors: sources

Leading robot maker plans a Hong Kong IPO with Citic, CICC, and Morgan Stanley as sponsors Additionally, China International Capital Corporation (CICC) and Morgan Stanley have also been tapped as joint sponsors, one of the people said. AgiBot, Citic, CICC and Morgan Stanley did not immediately respond for comment on Wednesday. AgiBot had been eyeing a Hong Kong listing this year, targeting a valuation of HK$40 billion (US$5.10 billion) to HK$50 billion, Reuters reported in 2025. Innolight’s IPO, potentially the city’s biggest listing in seven years, attracted more than 30 cornerstone investors and aimed to raise US$8 billion, followed by a debut on July 30, the South China Morning Post reported on Tuesday.

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