Shenzhen-based humanoid robot manufacturer LimX Dynamics has confidentially submitted an IPO application to the Hong Kong Stock Exchange and plans to raise several hundred million dollars, market sources said. The company is working with Citic Securities on the listing, while discussions over the offering size and timing remain ongoing. LimX Dynamics CFO Jesse Liu said in a television interview on Monday that the company is preparing for an IPO but declined to provide further details. Founded in 2022, LimX Dynamics develops and commercializes general-purpose robots, including the fully autonomous humanoid robots Oli and Luna and the modular TRON series, for households, manufacturing, scientific research and commercial venues. Alibaba (09988.HK), JD.com (09618.HK) and IDG Capital are among its investors. The company completed a $200 million pre-IPO funding round in July, valuing it at RMB 15 billion, or approximately $2.2 billion. A listing would add another embodied AI concept stock to Hong Kong’s market, but investors will also assess whether the early-stage robotics company can support that valuation through production, deployment and revenue growth.