On June 15, Seer Robotics opened its share offering at HKD 101.6 (USD 13) per share, with a board lot of 50 shares and a market capitalization of HKD 11.2 billion (USD 1.4 billion).
Seer Robotics first filed its prospectus with the Hong Kong Stock Exchange in May 2025. After the filing lapsed six months later, it refiled in November and passed the listing hearing this June. The company is listing in Hong Kong under Chapter 18C as a specialist technology company and is expected to make its trading debut on June 24. CICC is the sole sponsor, while CMB International is the overall coordinator.
The company’s primary barrier is not the robots themselves, but their controllers. According to China Insights Consultancy, Seer Robotics ranked first in China and globally by robot controller shipment volume, with market shares of 45.2% and 24.8%, respectively.
Five points stood out after 36Kr reviewed the company’s prospectus.
1. Seer Robotics looks close to profit, but two details matter
