Mech-Mind Robotics set to take orders for $300M IPO on Hong Kong exchange

A Chinese robotics company that puts AI eyes on factory robots is heading to the public markets. Mech-Mind Robotics Technologies cleared its Hong Kong Stock Exchange listing hearing on August 16, 2026, and is now preparing to take investor orders for an IPO targeting roughly $300 million, or about HK$2.34 billion. The company received approval from China’s Securities Regulatory Commission on August 7, 2026, clearing the last major regulatory hurdle before premarketing activities were set to begin the week of August 18. From $200M to $300M: a confident revision When Mech-Mind first floated the idea of a Hong Kong listing back in September 2025, the target was closer to $200 million. The upward revision to $300 million says something about how the market has received the company’s story in the months since. Mech-Mind is still losing money, though the losses are narrowing. In the first quarter of 2026, it reported revenue of 106.9 million yuan, a 73.09% jump compared to the same period the prior year. Net losses for that quarter came in at 56.83 million yuan, down 19.47% year-on-year. A global footprint that most rivals cannot match Mech-Mind has deployed more than 24,000 units across...