On July 13, Ubtech Robotics declined 5.17% in regular trading, trading at 80.65 HKD/share, with turnover of 535 million HKD.

On the news front, the Hong Kong Stock Exchange approved on July 9 the listing of approximately 5.4539 million H-shares converted from domestic shares held by four shareholders, representing about 1.08% of the company's total share capital. The company had previously received a filing notice from the China Securities Regulatory Commission regarding the H-share full circulation plan. The conversion directly increases tradable supply in the market, triggering investor concerns over near-term selling pressure and equity dilution.

Additionally, market sentiment had already been under pressure due to ethical controversies surrounding bionic companion robots and intensifying competition from rival Unitree Robotics, compounding the negative impact of the share circulation expansion event.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)