Youdi Robotics Surges 142% on HKEX Debut, Backed by Alibaba, Huazhu, iFlytek

Youdi Robotics, a technology-driven company specializing in full-scenario commercial service robots, went public on the Hong Kong Stock Exchange on September 9. The company's issuance price was set at HK$14.45 per share, but the opening price soared to HK$35, representing a remarkable 142.21% premium over the issuance price.

Founded in 2013, Youdi Robotics focuses on developing and deploying commercial service robots for various applications. The company has attracted significant backing from prominent investors, including Alibaba, Huazhu Group, and iFlytek, underscoring the strong market confidence in its business model.

This debut marks a milestone for the robotics industry in Hong Kong, as Youdi Robotics becomes the first listed company focused on commercial service robots. The robust first-day performance reflects the growing demand for automation and intelligent solutions in the service sector.