X Square Robot
Coverage of X Square Robot in the Nexus archive.
- China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say
Chinese start-up X Square Robot has filed confidentially for an IPO in Hong Kong, joining AgiBot and Galbot in seeking public listings despite US trade restrictions. The company is working with Huatai Securities and Morgan Stanley as sponsors for the prospective float.
- China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say
Chinese start-up X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, with Huatai Securities and Morgan Stanley as sponsors. Other domestic robot makers like AgiBot and Galbot have also filed for Hong Kong IPOs despite US trade restrictions.
- China Births Two Robot Unicorns as Sector Funding Stays Strong
China's robot sector continues to attract strong funding, with companies like X Square Robot developing humanoid robots trained for household tasks in Shenzhen, Guangdong province. While these robots have demonstrated capabilities through stage performances, their real-world applications remain limited, prompting companies to focus on data collection for embodied artificial intelligence.