Buoyed by industrial orders and the sector’s momentum, UBTech’s share price has gained more than 150 per cent this year.

Chinese companies are populating factory floors with human-shaped robots, according to Shenzhen-based UBTech Robotics, which claims to have racked up orders worth more than 800 million yuan (US$113 million) for its Walker S2 model this year. The robot maker said on Monday that it secured an order worth 159 million yuan from a company in Zigong, in southwest China’s Sichuan province – its second-largest single order, following one for 250 million yuan in September. UBTech, which in 2023 became…

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