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Hong Kong, Robotics
Horizon Robotics’ Shares Jump After $696 Million Hong Kong IPO
Shares of Horizon Robotics climbed in their trading debut in Hong Kong Thursday, adding to optimism over a revival in initial public offerings in the Asian financial hub.
Horizon Robotics Shares Shine on Hong Kong Debut
SYDNEY (Reuters) -Shares of Horizon Robotics ended 2.8% higher on their Hong Kong debut on Thursday, after the Chinese autonomous vehicle maker raised $696 million in this year's largest initial public offering (IPO) in Hong Kong. The company sold 1.355 billion shares at HK$3.99 each, according to the its filings.
Former Baidu AI Scientist’s Autonomous-Driving Tech Startup Horizon Robotics Rises In Hong Kong Debut
The Volkswagen-backed company ended its first trading day at HK$4.1, up 2.8% from its HK$3.99-a-share IPO price. Its stock surged as much as 38% in intraday trading.
Baillie Gifford, Norges Said to Invest in Horizon Robotics Hong Kong IPO
Baillie Gifford & Co. and Norges Bank Investment Management were among the investors in Horizon Robotics’ $696 million Hong Kong initial public offering, according to people familiar with the matter.
Horizon Robotics launches Hong Kong IPO with Alibaba, Baidu support and TSMC manufacturing
Horizon Robotics, a Chinese autonomous driving technology provider, aims to raise US$696 million through its Hong Kong IPO, potentially providing a boost to the city's listing market after a prolonged downturn.
Horizon Robotics’ shares jump 38% in HK after US$696 mil IPO
Shares of Horizon Robotics Inc. jumped nearly 38% early in their trading debut in Hong Kong Thursday, adding to optimism over a revival in initial public offerings in the Asian financial hub.
Horizon Robotics raises $696m in Hong Kong’s IPO
Horizon Robotics, a Chinese autonomous driving company, has raised $696m (5bn yuan) through an initial public offering (IPO) in Hong Kong. This makes it Hong Kong’s largest IPO for the year, according to a report by Reuters.
China's Horizon Robotics Raises $696 Million in Biggest Hong Kong IPO of 2024, Term Sheet Shows
At the set price, the IPO is the largest in Hong Kong in 2024, eclipsing China Resources Beverage which on Friday finalised its $650 million new share sale. It is also the largest tech sector IPO in Hong Kong since SenseTime Group raised $740 million in late 2021.
China’s Horizon Robotics raises HK$5.4 billion in biggest Hong Kong IPO of 2024
CHINESE autonomous driving firm Horizon Robotics has priced its shares at the top of its range to raise HK$5.4 billion (S$913.4 million) according to a term sheet seen by Reuters, making it the biggest Hong Kong initial public offering (IPO) this year.
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on MSN
Horizon Robotics shares jump 28.3% in Hong Kong trading debut
By Scott Murdoch and Donny Kwok SYDNEY (Reuters) -Shares of Horizon Robotics soared 28.3% in its trading debut on Thursday ...
Business Times
3d
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding ...
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