Four companies including Robotec will land on the Hong Kong Stock Exchange on Tuesday, raising a total of HK$14.4 billion. The hot Hong Kong IPO market will usher in one of the busiest listing days this year. Robotec's Hong Kong listing raised US$660 million, the largest amount of capital raised among these four companies. The company's A-shares listed in Shenzhen have more than doubled since this year. This manufacturer of automation equipment in the photovoltaic and silicon photovoltaics sector has now introduced cornerstone investors such as Temasek, Shengtian Industrial, and E-Fangda to go public in Hong Kong. According to the data, Hong Kong's IPOs, allotments and bulk transactions raised a total of US$45.5 billion in the third quarter, setting a record for the same period, only slightly lower than the highest level of US$47.6 billion in history in a single quarter set in 2021. Among the other three companies, printed circuit board manufacturer Jingwang Electronics raised 650 million US dollars, electronic chemical manufacturer Tongcheng Xincai raised 382 million US dollars, and robotics company Benmao Technology raised 138 million US dollars. According to the trading platform operated by KGI Securities, during the dark market trading on Monday evening, Roboco fell about 2% from the issue price. Jingwang Electronics fell by about 7%, Tongcheng New Materials fell by about 17%, and Benmao Technology rose by about 5%.

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