Since the start of this year, a flurry of IPOs by domestic robot industry chain companies has hit the Hong Kong stock market, with nine companies announcing their listing intentions, five of which are already listed on the A-share market. This surge has fostered a virtuous cycle, as the profitability of hard technology investments on the Hong Kong stock market rises, bolstering the growth of China's robot industry and positioning Hong Kong as a hub for the robot sector. The decision by many robot companies to list in Hong Kong is fueled by policy reforms, enhanced listing systems, and a resurgence in market sentiment, all of which have collectively fueled the vibrancy of the city's IPO market.