By John Liu, CNN (CNN) — The world’s largest humanoid robot maker by sales is set to list in Shanghai on Wednesday, with the initial public offering already having raised 6.1 billion yuan ($905 million) and more than 8,000 times oversubscribed, a record for the city’s tech-focused STAR market, which…
It’s been a summer of big-time IPOs, with SpaceX , Jersey Mike’s , and others going public. But this week, all eyes are on Unitree Robotics, which is expected to hit public markets on Wednesday. Unitree makes robotics, and is the world’s largest humanoid robot maker — it’s perhaps most well-known fo…
By John Liu, CNN (CNN) — Shares of the world’s largest humanoid robot maker by sales Unitree jumped more than 600% in its trading debut in Shanghai on Wednesday, in a testament to its status as the poster child of China’s robotic advancement.
The Hangzhou-based firm's machines have become synonymous with China's push to develop its booming robotics industry, backed by government support and strong domestic supply chains.
Company’s robots have gained global fame via videos of them performing martial arts and as dancers for pop stars Unitree, the world’s biggest humanoid robot maker, has made a spectacular entry on to China’s stock market, with its shares surging by more than 600%.
Unitree, China’s humanoid robotics firm, saw its shares soar 460% on its Shanghai stock market debut on Wednesday, as investors rally behind homegrown beneficiaries of the A.I. boom.
Unitree – whose dexterous robots have raised national security concerns in Congress – raised 6.1 billion yuan ($904 million) in its public debut. The Hangzhou-based firm is the first robotics firm from mainland China to go public, with investors including AI firm DeepSeek and tech giant Tencent.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Shares in Chinese humanoid robot maker Unitree soar in its Shanghai trading debut | Since Then
