UBTECH ROBOTICS (09880.HK) -1.900 (-3.138%) announced the establishment of an all-round and long-term strategic cooperation with Foxconn on the application of humanoid robots in the field of intelligent manufacturing. Both parties will ambitiously foster the practical application of UBTECH ROBOTICS in Foxconn's intelligent manufacturing scenarios through the development of humanoid robots in real manufacturing scenarios, such as testing and certification, and technological innovations.Related NewsCiti Initiates Coverage on UBTECH ROBOTICS (09880.HK) w/ Rating Buy & TP $70UBTECH ROBOTICS, pampered by the news, opened 2.94% higher this morning (15th). Peaking at $52, it last reported at $50.35, up 5.78%, with 3.5033 million shares traded, involving $177 million.(HK stocks quote is delayed for at least 15 mins.)