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Chinese maker of robot-vacuum sensors launches Hong Kong IPO, undeterred by US ban

Camsense Technologies aims to raise about US$87 million in a Hong Kong listing backed by carmaker BYD

2-MIN READ2-MINZoe SL ChanPublished: 1:00pm, 23 Sep 2026Shenzhen Camsense Technologies, a maker of spatial sensors for robotic vacuum cleaners, launched a Hong Kong initial public offering (IPO) that aims to raise about HK$680 million (US$86.7 million), despite headwinds from Washington’s recent import ban on foreign-made vacuum robots.“The export and procurement for our existing client products remain normal, with potential disruption limited to new product development schedules,” Camsense co-founder Zhou Kun said about the ban’s impact. “We have maintained close communication with clients. Currently, our research and development progress and order intake remain unaffected.”

Camsense plans to sell 11.58 million shares at HK$58.85 each, according to a stock exchange filing on Tuesday. The shares are scheduled to start trading on September 30.

Read original at South China Morning Post

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