AgiBot's $6B IPO: China's Robot Revolution?
Update: 2025-10-10
Description
Chinese robot maker AgiBot, backed by Tencent and HongShan Capital, plans a massive Hong Kong IPO next year, targeting a $5-6 billion valuation. Founded by ex-Huawei engineers, AgiBot's humanoid robots are already performing tasks like folding clothes and making coffee, catching President Xi Jinping's attention. With major banks onboard and fresh investment from LG Electronics, AgiBot's IPO could signal a boom for robotics and automation, as Hong Kong sees a surge in tech listings.
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