Chinese humanoid robot maker AgiBot announced plans for an IPO on the Hong Kong Stock Exchange by 2026, targeting a valuation between HK$40–50 billion ($5.1–6.4 billion). The company aims to capitalize on surging global demand for automation and AI-driven robotics across manufacturing, logistics, and service industries. Analysts said the listing could be one of Hong Kong’s largest upcoming tech debuts, positioning AgiBot as a key player in Asia’s rapidly growing robotics and AI ecosystem.

Levi Strauss shares fell nearly 6% despite posting stronger-than-expected quarterly revenue and issuing upbeat FY2025 earnings guidance. The decline reflects investor caution over retail headwinds, including slowing discretionary spending and rising inventory costs. Management emphasized direct-to-consumer growth and brand-led pricing strategy, which helped lift margins. Analysts said the pullback is driven by profit-taking and macro retail pressures rather than company-specific weakness, with fundamentals remaining broadly resilient.