Qiming Venture Partners' portfolio company UBTech, a humanoid robot leader in China, successfully debuted on the Hong Kong Stock Exchange today. The first humanoid robot company to list on the exchange, UBTech (SEHK:9880)'s issue price was HK$90.00 per share, valuing it at HK$37.60 billion.
Qiming Venture Partners' portfolio company Tuhu Car, China's leading one-stop car service platform, successfully listed on the Hong Kong Stock Exchange. The issue price of Tuhu Car (SEHK:9690) was HK$28 per share, representing a market capitalization of about HK$ Billion 22.75.