China's RoboTechnik launches HK share sale for up to $660.3m

China's RoboTechnik launches HK share sale for up to $660.3m

FILE PHOTO: The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020. REUTERS/Tyrone Siu/File Photo

China’s RoboTechnik Intelligent Technology said on Monday it is looking to raise up to HK$5.18 billion ($660.28 million) via a secondary listing in Hong Kong.

The automation equipment maker is offering 11.9 million H shares at a maximum offer price of HK$436 per H share.

($1 = 7.8451 Hong Kong dollars)

Reuters

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