Roborock scores highest listing price on record in China

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Roborock scores highest listing price on record in China

Rebecca Feng
February 11, 2020 07:45 AM
Chess game robot technology from Adobe 230x150
Close-up Of A Robot's Hand Playing Chess | Andrey Popov/Andrey Popov - stock.adobe.com

Beijing Roborock Technology, a manufacturer of robotic vacuum cleaners, has sealed its Star board IPO at a hefty 58.76 times earnings ratio — the highest IPO price on record, not just on Star but also in the entire Chinese A-share market.

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CITIC SecuritiesAsia Market newsEquity IPOsEquityChinaMarket NewsAsiaGreater ChinaChina Loans and EquityNortheast AsiaChinaAsia PacificEM People and MarketsEquity People and MarketsChina People and MarketsPeople and MarketsEmerging Markets
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