Covering IPOs, Healthcare and Technology Stocks

Andrei Zakharov

Algosun Global

Equity Capital Markets

<ul>
<li>UBTech Robotics, a leader in AI-powered robotics in China, filed for a Hong Kong IPO with Guotai Junan Capital leading the offering. The company plans to sell H-shares to investors. </li>
<li>UBTech Robotics mulled IPO in 2019, but the company postponed domestic listing in China. In May 2018, UBTech Robotics closed an $820M Series C round at a $5B post-money valuation. </li>
<li>Despite challenges, we remain bullish on China’s AI industry and consumer robotics market. However, UBTech’s fundamentals deteriorated, capital dried up, and IPO looks risky today. </li>
</ul>


UBTech Robotics, a leader in AI-powered robotics in China, filed for a Hong Kong IPO with Guotai Junan Capital leading the offering. The company plans to sell H-shares to investors. 
UBTech Robotics mulled IPO in 2019, but the company postponed domestic listing in China. In May 2018, UBTech Robotics closed an $820M Series C round at a $5B post-money valuation. 
Despite challenges, we remain bullish on China’s AI industry and consumer robotics market. However, UBTech’s fundamentals deteriorated, capital dried up, and IPO looks risky today. 


UBTech Robotics Hong Kong IPO: Capital Dried Up as Fundamentals Deteriorated

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

<ul>
<li>UBTech Robotics is trying to complete its IPO in Hong Kong in the coming weeks. UBTech Robotics is a leading artificial intelligence based robotics company headquartered in China.</li>
<li>UBTech Robotics received very fat valuations in the past couple of years. Back in January 2021, it was reported that the company's valuation reached as high as $7 billion.</li>
<li>In China's smart education robot based solution market, UBTech Robotics is the number one player. </li>
</ul>


UBTech Robotics is trying to complete its IPO in Hong Kong in the coming weeks. UBTech Robotics is a leading artificial intelligence based robotics company headquartered in China.
UBTech Robotics received very fat valuations in the past couple of years. Back in January 2021, it was reported that the company's valuation reached as high as $7 billion.
In China's smart education robot based solution market, UBTech Robotics is the number one player. 


Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>IPO / Five things to know about China’s latest IPO system overhaul</li><li>Missing / Police say student missing for 100 days hanged himself</li><li>Politics / China completes provincial leadership reshuffle ahead of ‘Two Sessions’</li></ul>

IPO / Five things to know about China’s latest IPO system overhaulMissing / Police say student missing for 100 days hanged himselfPolitics / China completes provincial leadership reshuffle ahead of ‘Two Sessions’

CX Daily: Five Things to Know About China’s Latest IPO System Overhaul

Private Capital Markets

SoftBank Robotics / Private Capital Markets

<ul>
<li>SoftBank Robotics is a pioneer in the industry of service robots and human-robot interactions. The company unveiled the world’s first social humanoid robot Pepper in 2014.</li>
<li>Alibaba Group and Foxconn Technology have invested $118M each in SoftBank Robotics: 5%+ investor shareholders include Alibaba (20%), Foxconn (20%), and SoftBank holds a 60% stake.  </li>
<li>The company is struggling to grow revenues, and the business is structurally unprofitable. However, SoftBank Robotics announced RI strategy with plans to introduce a new series of smart robots.  </li>
</ul>


SoftBank Robotics is a pioneer in the industry of service robots and human-robot interactions. The company unveiled the world’s first social humanoid robot Pepper in 2014.
Alibaba Group and Foxconn Technology have invested $118M each in SoftBank Robotics: 5%+ investor shareholders include Alibaba (20%), Foxconn (20%), and SoftBank holds a 60% stake.  
The company is struggling to grow revenues, and the business is structurally unprofitable. However, SoftBank Robotics announced RI strategy with plans to introduce a new series of smart robots.  


SoftBank Robotics: Robotics Arm of Japanese Conglomerate SoftBank

<ul>
<li>XPeng Robotics is a bionic smart robot maker backed by Chinese EV giant XPeng and high-profile investor IDG Capital. The company focuses on AI, robot autonomy, and interaction.</li>
<li>Founded in 2016 and headquartered in Shenzhen, XPeng Robotics is an affiliate of XPeng, with R&amp;D centers in Beijing, Guangzhou, and Silicon Valley. </li>
<li>Bloomberg reported that $100M+ Series A financing was the largest single-tranche fundraising for the bionic robot sector in China in the past two years. </li>
</ul>


XPeng Robotics is a bionic smart robot maker backed by Chinese EV giant XPeng and high-profile investor IDG Capital. The company focuses on AI, robot autonomy, and interaction.
Founded in 2016 and headquartered in Shenzhen, XPeng Robotics is an affiliate of XPeng, with R&amp;D centers in Beijing, Guangzhou, and Silicon Valley. 
Bloomberg reported that $100M+ Series A financing was the largest single-tranche fundraising for the bionic robot sector in China in the past two years. 


XPeng Robotics: Early-Stage VC Investment in Developer of Smart Robot Pony

China

UBTech Robotics Limited as an artificial intelligence and humanoid robotic company. The Company develops and delivers a range of consumer humanoid robots. UBTech Robotics serves customers in the United States, China, and Hong Kong.

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UBTech Robotics (9880 HK)

UBTech Robotics Hong Kong IPO: Capital Dried Up as Fundamentals Deteriorated

UBTech Robotics IPO is considered a riskier investment, in our view, given the robotics unicorn’s operating losses, high cash burn rate, low...

Andrei Zakharov

UBTech Robotics IPO Preview

UBTech Robotics is trying to complete its IPO in Hong Kong in the coming weeks. UBTech Robotics is a leading artificial intelligence based robotics...

Douglas Kim

CX Daily: Five Things to Know About China’s Latest IPO System Overhaul

Five things to know about China’s latest IPO system overhaul. Police say student missing for 100 days hanged himself. China completes provincial...

Caixin Global

SoftBank Robotics: Robotics Arm of Japanese Conglomerate SoftBank

SoftBank Robotics is struggling to grow revenues and reduce operating losses. However, we believe in a turnaround story and wait for new calls from...

Andrei Zakharov

XPeng Robotics: Early-Stage VC Investment in Developer of Smart Robot Pony

With Chinese EV giant XPeng moving into robotics, we believe XPeng Robotics is a high-return early-stage VC investment in the rapidly growing...

Andrei Zakharov

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