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Horizon Robotics soar 29% in Hong Kong debut
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.The stock surged almost 38% over its issue price of HK$3.
Horizon Robotics soar 29% in Hong Kong debut as IPOs return in bumper week for fundraising
Beijing-headquartered tech firm, listed under the 9660 stock code, traded at HK$5.14 at the opening bell, up from its IPO price of HK$3.99.
Chinese Self-Driving Tech Startup Horizon Robotics Soars on Hong Kong Debut
Since its establishment, Horizon has completed 11 financing rounds, raising a total of over USD8.7 billion from pre-IPO investors such as Chinese carmakers SAIC Motor and BYD, private equity giant Hillhouse Investment, and venture capital firm Sequoia Capital.
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 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.
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 Shares Open up 28.3% in Hong Kong Trading Debut
SYDNEY (Reuters) -Shares of Chinese autonomous vehicle maker Horizon Robotics opened 28.3% higher on the Hong Kong stock exchange on Thursday after the company raised $696 million in an initial public offering. The deal is the largest IPO in Hong Kong in 2024 after it sold 1.355 billion shares at HK$3.99 each, according to the company's filings.
Horizon Robotics to Debut in Hong Kong After $696 Million IPO
Horizon Robotics Inc. will list its shares Thursday in Hong Kong after raising $696 million, adding to a flurry of deals that signal the end of a slump in initial public offerings in the Asian financial hub.
Horizon Robotics Shares Jump in Hong Kong Trading Debut
Horizon Robotics surged in its trading debut after one of Hong Kong's largest listings this year, adding to optimism that the city's IPO market is making a comeback. Shares in the Chinese autonomous-driving technology company rose as much as 38% to 5.
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Horizon Robotics shares jump 28.3% in Hong Kong trading debut
Shares of Horizon Robotics soared 28.3% in its trading debut on Thursday after the Chinese autonomous vehicle maker raised ...
Business Times
4h
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
Chinese tech heavyweights Alibaba Group Holding and Baidu were among the four cornerstone investors that agreed to subscribe ...
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