MEKAWIRE
News

Wire

Every funding round, launch and paper, as it's reported.

8 stories
17 days ago
MarketCN

Humanoid shipments jump 432% to nearly 25,000 in the first half as Chinese makers take over 95% of the market, IDC says

Global humanoid robot shipments reached nearly 25,000 units in the first half of 2026, up 432.1% year on year, with market value above $740 million, IDC said on September 29. China took about 77.9% of shipments, Chinese vendors supplied more than 95%, and IDC raised its 2030 forecast by about 50% to more than 750,000 units.

Aug 19, 2026
MarketCN

Unitree lists on Shanghai's STAR Market after raising RMB6.1 billion at 219 times earnings

Unitree Robotics began trading in Shanghai on August 19, 2026 under code 688836 after selling 40.4 million new shares at RMB150.80, raising gross proceeds of RMB6,099.32 million. The issue price values the Hangzhou humanoid and quadruped maker at about RMB60.99 billion, or 219.23 times 2025 earnings, against an industry average of 38.56 times cited in its own listing document.

Mar 30, 2026
MarketCN

Huayan Robotics raises HK$1.58bn in Hong Kong debut after retail book is covered 5,059 times

Chinese collaborative robot maker Guangdong Huayan Robotics began trading in Hong Kong under code 1021 on 30 March 2026 after pricing its H shares at HK$17.00 and raising HK$1,579.34 million gross. The retail tranche was subscribed 5,059.38 times, while preliminary 2025 results showed revenue up 24.6% to RMB386.9 million and a net loss of about RMB29.9 million.

Mar 9, 2026
MarketCN

Estun lists in Hong Kong at the bottom of its range, raising HK$1.49 billion as China's top-selling robot brand returns to profit

Nanjing industrial robot maker Estun Automation began trading in Hong Kong on 9 March 2026 after pricing 96.78 million H shares at HK$15.36, raising HK$1.49 billion gross, with half of the net proceeds reserved for overseas plants, alliances and acquisitions. Its first annual results as a dual-listed company showed 2025 revenue up 21.93% and a small profit after a RMB810.93 million loss, while stabilisation buying down to HK$11.69 showed weak aftermarket demand.

Jan 8, 2026
MarketCN

Edge Medical lists in Hong Kong after retail demand of 1,092 times, betting its surgical robots on export markets

Shenzhen Edge Medical raised HK$1,198.7 million in a Hong Kong IPO priced at HK$43.24 a share and began trading on 8 January 2026, with the retail tranche 1,091.94 times subscribed. Its first annual results showed revenue up 184.8% to RMB455.7 million and 50 of 72 robots delivered in 2025 going overseas.

Oct 16, 2025
MarketCN

Hotel robot maker Yunji debuts in Hong Kong after its retail tranche is covered 5,657 times

Beijing Yunji Technology raised HK$659.6 million in gross proceeds and began trading in Hong Kong on 16 October 2025 after retail investors subscribed for 5,657.20 times the shares on offer. A Suzhou state-owned vehicle took 39.83% of the deal, leaving a small free float behind the frenzy for a company that still loses money and earns most of its revenue from hotels.

Jul 9, 2025
MarketCN

Geek+ raises HK$2.71 billion as the first listed warehouse AMR maker, with Hong Kong retail demand covered 133 times

Beijing Geekplus Technology began trading in Hong Kong on July 9, 2025 under code 2590 after selling 161,405,800 H shares at HK$16.80, raising gross proceeds of HK$2,711.62 million. The retail tranche was subscribed 133.62 times and the international book 30.17 times, while four cornerstone investors led by Xiong'an Intelligent Robotics took about 26% of the deal.