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<IPO>Galbot Reportedly Picks Several Investment Banks to Assist with HK IPO, Seeking Max. Valuation USD4B
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Chinese humanoid robot maker Galbot is considering a Hong Kong IPO next year, Bloomberg reported, citing sources. According to people familiar with the matter, Galbot has chosen CITIC Securities, Huatai Securities, and UBS to handle the share offering. They noted that the company could file its application with the Hong Kong Stock Exchange as early as next quarter, though discussions are still ongoing and details may change. One of the sources revealed that Galbot may seek a valuation of USD3-4 billion in the IPO. AAStocks Financial News |
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