In the Hong Kong stock market, UBTECH Robotics K, as a leading listed company in the field of humanoid robots, has attracted much attention recently.
On January , its stock price opened high and continued to rise, closing at HK., up .%, leading the increase in the Hong Kong Stock Connect targets. The total transaction volume on the day was approximately HK million. Market analysis points out that after a week of unblocking and largescale trading of stocks, UBTECH's capital situation may have an opportunity for a reversal.
On January , , UBTECH Robotics issued an announcement, in which the latvia phone number list company's CTO and executive director Xiong Youjun, executive director Wang Lin, and individual shareholder Zhao Guoqun promised not to sell any UBTECH shares they directly held within months from that date.
This is not the first case. Previously, Zhou Jian, of UBTECH, issued a lockup commitment on December , , and will not reduce his holdings of ,, H shares in the next months. This series of sales ban commitments is a strong endorsement by the company’s core management for the future development of the enterprise.
During the lockup period for Hong Konglisted companies’ stocks, the management’s commitment not to reduce holdings is of great significance. It is not only a high recognition of the company's future development prospects and longterm value, but also sends a positive signal to investors, enhances investors' confidence in the company's longterm value, and becomes an important indicator for measuring management's confidence in the future development of the company and the industry.