China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Chinese robotics firm Unitree saw its shares surge over 460% during its Shanghai stock market debut. The company, known for its humanoid and four-legged robots, raised $905 million in an IPO backed by major tech players.
Why it matters
The massive market debut highlights growing investor confidence in the commercial viability of humanoid robotics and AI-integrated hardware.
Unitree Robotics shares closed over 460% higher Wednesday as the Chinese humanoid robot maker made its stock market debut in Shanghai.
Shares had jumped nearly 630% before paring gains to close at 845 yuan.
The Hangzhou-based robot maker, whose backflipping and dancing machines have drawn global attention, raised about 6.1 billion yuan ($905 million) in its IPO, according to its prospectus .
The IPO also drew backing from Chinese AI company DeepSeek, which invested about 140.8 million yuan, according to a company filing . Unitree's existing investors also include Chinese tech giant Tencent.
Unitree's product lineup spans bipedal humanoid robots that can walk and manipulate objects with dexterous hands, as well as four-legged robots used for tasks such as hazard detection.
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