Deloitte states China's humanoid robot IPO slowdown poses no threat to strong firms
According to SCMP Business, Beijing’s tightening of approvals for humanoid robot IPOs poses no threat to companies with clear commercialisation strategies, as funding channels remain wide open for qualified players. Deloitte China notes market funds are shifting from the ‘blind rush’ of the past to ‘fine screening,’ with Dick Kay, Deloitte China’s capital market services group national leader, speaking at a press conference on Thursday.
Key facts
- 01Beijing tightened approvals for humanoid robot IPOs.
- 02Deloitte China says the slowdown poses no threat to firms with clear commercialisation strategies.
- 03Funding channels remain wide open for qualified players.
- 04Dick Kay described market funds shifting from the blind rush to fine screening at a Thursday press conference.
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