Asia
Market Chatter: Chinese Robotic Hand Maker Linkerbot Mulls Hong Kong IPO
Beijing-based robotic hand maker Linkerbot is considering going public in Hong Kong and has hired three banks, including HSBC, to work on the potential share sale that could take place this year, Bloomberg News reported Tuesday, citing people with knowledge of the matter.Other firms hired for the potential IPO include China Merchants Bank and Citic Securities, with plans to raise a few hundred million dollars, the report said.Deliberations are underway, and no final decision has been made yet, according to the news outlet.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Hang Seng