China’s X Square Robot submits confidential filing for Hong Kong IPO, sources say

China's X Square Robot has filed confidentially for an initial public offering (IPO) in Hong Kong, according to two sources familiar with the matter. The Shenzhen-based firm has tapped Huatai Securities and Morgan Stanley as sponsors for the prospective float, joining a growing wave of domestic robot makers flocking to capital markets despite new US trade restrictions. The Hong Kong Exchanges and Clearing (HKEX) did not respond to requests for comment.

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