Social RoboticsUnitree soars on Shanghai stock market debut
China's best-known humanoid maker closed more than 460 per cent above its offer price after raising about $905m.
Unitree Robotics listed on Shanghai's STAR Market, raising roughly 6.1bn yuan, and its shares closed more than 460 per cent higher on the first day after briefly rising further. The Hangzhou company is known for agile humanoids and quadrupeds, and shortly before listing it showed a humanoid it says can jump two metres from standing. Investors include Tencent and DeepSeek. The listing made Unitree a public bellwether for the humanoid sector and gave it fresh capital to push affordable robots into research, education and public-facing roles.
Source: CNBC
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