CloudMinds Technology, a leader in robotic service intelligence, successfully went public on the Hong Kong Stock Exchange, raising capital to expand its global market presence and enhance its technological capabilities.

Information on the Target

CloudMinds Technology, a leader in the global robotic service intelligence sector, successfully made its debut on the Hong Kong Stock Exchange on October 16, 2025, under the stock code 02670.HK. The company set its initial offering price at HKD 95.6 per share, and it opened at HKD 142.8 per share, giving it a market valuation of approximately HKD 98.13 billion. Founded in 2014, CloudMinds specializes in providing adaptive and scalable robots integrated with AI digital systems. Their intelligent automation systems, specifically designed for user interaction, enhance service quality and operational efficiency through continuous learning and adaptive optimization.

Industry Overview in the Target's Country

China's robotics industry is experiencing rapid growth, driven by increased demand for automation across various sectors such as manufacturing, healthcare, and hospitality. The government has recognized robotics as a key area for innovation and investment, implementing policies to stimulate research and development. In recent years, China has positioned itself as a leading player in the global robotics arena, fostering an ecosystem that supports both startup innovation and established corporate expansion.

The integration of artificial intelligence with robotics has created new market opportunities, particularly in service-oriented applications where operational efficiency and customer engagem