SHOUCHENG Invests Over RMB 2 Billion in Robotics; Unitree Set to Go Public This Year
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 4d ago
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Source: aastocks
Investment in Robotics: SHOUCHENG has invested over RMB2 billion in the robotics sector, completing more than 40 transactions with around 20 companies, averaging two follow-up investments per company.
Upcoming IPOs: The group anticipates that approximately four of its invested companies, including Unitree Robotics, will launch initial public offerings (IPOs) this year.
Analyst Views on 00659
Wall Street analysts forecast 00659 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00659 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 8.250
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Current: 8.250
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
