China’s Mech-Mind Robotics set to open order book for US$300m IPO, sources say

China’s Mech-Mind Robotics Technologies plans to start taking investor orders for its Hong Kong initial public offering (IPO) as soon as next week amid a boom in artificial intelligence-driven robotics that has lifted investor enthusiasm, according to people familiar with the matter.
The Meituan-backed company has started gauging interest for a listing that could raise about US$300 million, up from a US$200 million target a year ago, with its debut expected in early September, the people...