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Leadbot Robotics Jumps 103% on HK IPO Debut, Market Cap Hits $2.4B
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Leadbot Robotics Jumps 103% on HK IPO Debut, Market Cap Hits $2.4B
Leadbot Robotics (乐动机器人), a Shenzhen-based robotics sensor company, surged 103% on its Hong Kong Stock Exchange debut, closing at HK$53.5 per share with a market cap of HK$17.8 billion (~US$2.4 billion). The IPO raised HK$878.7 million (~$113 million) with a record-breaking retail subscription of 6,707x oversubscription — one of the highest for any 2026 Hong Kong IPO. The company counts Ecovacs (科沃斯) and Dreame (云鲸) among its clients. Founded by…
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