Alibaba-backed robotics company LimX reportedly plans a Hong Kong IPO, aiming to raise up to $300 million.
According to Bloomberg, people familiar with the matter said that Shenzhen-based robotics company LimX Dynamics has confidentially filed for a Hong Kong initial public offering, planning to raise up to $300 million. The company is working with CITIC Securities to advance the transaction. This move comes as several Chinese robotics companies prepare to go public.
