Ubtech Robotics is trading 10.23% down now at HK$85.10 after technology and AI shares weakened globally.
- Rising long-term bond yields, firmer oil prices, and fading U.S.-Iran peace hopes pressured rate-sensitive growth stocks.
- Reuters reported the 30-year Treasury yield reached its highest level since 2007, while the Nasdaq fell sharply on August 18.
- No clear company-specific catalyst was identified; its financing and H-share incentive-plan meeting is scheduled for August 26.