ROKAE Robotics sets HKD38 IPO price, seeks HKD811 million in Hong Kong listing

ROKAE Robotics (03752.HK) launched its Hong Kong IPO at HKD38 per share, seeking net proceeds of about HKD811 million.

The robotics company is offering 23 million H shares globally, with 10% reserved for Hong Kong retail investors and 90% for international institutions. The offer period runs from June 30 to July 6, with trading on the Main Board expected to begin July 9.

Four cornerstone investors — GF Fund, Huatai Capital, Yishao Capital and All View Fund — have committed nearly HKD275 million to the offering. The minimum investment for retail participants is about HKD3,838 for a board lot of 100 shares.

The IPO gives ROKAE Robotics a market presence in Hong Kong's robotics sector, which has drawn investor attention amid growing automation demand across Asia. The company's first-day trading on July 9 will test institutional appetite for the sector.

This article is for informational purposes only and does not constitute investment advice.