Leadbot Robotics Jumps 103% on HK IPO Debut, Market Cap Hits $2.4B

Leadbot Robotics surged 103% on its Hong Kong debut after a heavily oversubscribed IPO.

The Shenzhen-based robotics sensor maker closed at HK$53.5 a share, implying a market cap of HK$17.8 billion.

The company raised HK$878.7 million, with retail investors oversubscribing the deal 6,707 times.

The strong listing reflects robust demand for Chinese robotics hardware and sensing technology.