On June 24, SEER Robotics rose 7.09% in regular trading, trading at HK$108.7/share, with turnover of HK$333 million. The stock debuted on the Hong Kong Stock Exchange today, priced at HK$101.6 per share.

On the news front, SEER Robotics, dubbed the first Robot Brain stock on HKEX, saw extraordinary demand during its IPO. The Hong Kong public offering was oversubscribed 5,934.56 times with approximately 222,900 valid applications, resulting in a one-lot winning rate of just 5%. The international placement was oversubscribed 21.29 times. The global offering raised net proceeds of approximately HK$995.4 million. Notably, the stock had traded down over 11% in dark pool sessions the prior day, but reversed sharply upon official listing as strong retail and institutional demand drove prices above the IPO price.

SEER Robotics is a platform-based intelligent robotics company founded in 2020, with its proprietary robot control system known as the Robot Brain holding the top global market share in intelligent robot controllers. The company serves over 2,100 clients across 70+ countries including Tesla, BYD, Foxconn, and Siemens.

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