On July 17, UBTech Robotics fell 5.24% in regular trading, trading at HK$83.55 per share, with turnover of HK$209 million.

On the news front, 5,453,931 domestic shares completed conversion into H-shares on July 16, and the converted shares officially commenced trading on the Hong Kong Stock Exchange on the morning of July 17. The conversion involved four participating shareholders and represented approximately 1.08% of the company's total share capital. Following the conversion, the company's H-shares increased to 438.2 million shares, accounting for about 87.05% of total issued shares, while domestic shares declined to 65.2 million.

The newly listed converted shares directly increased the market's tradable supply, triggering investor concerns over short-term selling pressure. Notably, the stock had already declined over 5% on July 13 when the Hong Kong Stock Exchange's listing approval was first disclosed. The China Securities Regulatory Commission issued the filing notice for the H-share full circulation in early July.

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