Laifual Drive Launches IPO, Plans to List on June 30 (opens in new tab)

Gasgoo Munich-The narrative of humanoid robots moving from the lab to mass production has fueled a rally in the robotics sector's valuation over the past six months. Harmonic reducers—the core "joints" of these machines—have stepped firmly into the spotlight.On June 22, a key player in this field—Laifual Drive (03952.HK)—kicked off its Hong Kong IPO. The offering runs through June 25, with trading expected to begin on June 30.Laifual Drive plans to sell 13.4419 million H-shares globally, pric...