Chinese humanoid robot maker Unitree opens over 600% higher in Shanghai debut
Chinese humanoid robot manufacturer Unitree saw its stock price surge over 600% during its Shanghai trading debut. The IPO is viewed as a significant milestone for China's robotics industry amid ongoing global tech competition.
Why it matters
The massive market valuation reflects high investor confidence in the future of robotics and China's strategic push for technological self-reliance.
The trading debut follows Unitree's roughly US$900 million initial public offering last week.
Children stand near Unitree's humanoid robots on display at a Unitree store in Beijing, China on Aug 10, 2026. (File photo: Reuters/Tingshu Wang)
SHANGHAI/BEIJING: Shares in Chinese humanoid robot maker Unitree opened more than 600 per cent higher in its Shanghai trading debut on Wednesday (Aug 19).
The stock opened at 1,100 yuan (US$163) on the tech-focused STAR Market, 629 per cent higher than its IPO price of 150.8 yuan.
The trading debut follows Unitree's roughly US$900 million initial public offering last week, and coincides with the opening of the World Robot Conference in Beijing on Wednesday.
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