Wednesday, August 19, 2026

Unitree shares surge 629% in Shanghai trading debut

Unitree Robotics

Unitree Robotics began trading on Shanghai's STAR Market on August 19 under ticker 688836, the first listed Chinese humanoid-robot maker, with shares opening 629% above the 150.80 yuan IPO price before paring gains to trade roughly 500-540% higher during the session. The debut followed an IPO more than 8,000 times oversubscribed on the retail tranche, a record for the tech-focused STAR Market, and values the company at an opening market cap of about 445 billion yuan (roughly $62-66 billion).