Sources: Chinese AI robotics company "Mech-Mind Robotics" plans to launch its Hong Kong IPO subscription next week, aiming to raise $300 million.
Mech-Mind Robotics Technologies, backed by Meituan, plans to start taking investor orders for its Hong Kong initial public offering as early as next week, with a listing expected in early September, according to people familiar with the matter. The IPO aims to raise about $300 million, up from a target of $200 million set a year ago.
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