LimX Dynamics reports plans to go to Hong Kong for an IPO to raise up to 300 million US dollars

Comparing news, according to Bloomberg, people familiar with the matter said that Shenzhen-based robotics company LimX Dynamics has secretly submitted an initial public offering in Hong Kong and plans to raise up to 300 million US dollars. The company is cooperating with CITIC Securities to advance related transactions.

The move comes at a time when a number of Chinese robotics companies are preparing to go public.