Since the start of this year, companies within the robot industry chain have been rushing to go public in Hong Kong, sparking a wave of fervor. Based on data from Wind Information, as of December 8, a number of firms specializing in niche areas of the robot industry, such as Zhejiang Sanhua Intelligent Controls, Ningbo Joyson Electronic, Beijing Geek+, and Beijing Yunji Technology, have successfully debuted on the Hong Kong Stock Exchange. Moreover, 34 companies are currently in the pipeline, awaiting hearings.

In the primary market, the tempo of investment and financing activities along the robot industry chain has markedly picked up, with a spate of substantial deals surpassing RMB 100 million cropping up across various sectors, including industrial robots, service robots, and key components. The Hong Kong stock market's inclusive policies for tech firms, streamlined vetting processes, and the keen interest from international investors in the robotics sector have all contributed to this IPO surge. By opting for a Hong Kong listing, companies can not only tap into a wider array of financing options but also bolster their global brand recognition, offering robust backing for their overseas business ventures and technological R&D efforts.

Nevertheless, robot firms still confront the risk of valuation discrepancies. Divergences in judgment between the primary and secondary markets regarding technological advancement and commercialization potential could result in post-listing share-price pressures for certain companies that lack sufficient order backlogs.