Saturday, August 22, 2026
Unitree Robotics shares surge in Shanghai IPO debut
Unitree Robotics began trading on Shanghai's STAR Market on August 19, becoming the first humanoid robot maker listed on a mainland China exchange. Shares opened 629% above the 150.80 yuan IPO price before paring gains to trade roughly 500-540% higher during the session, an opening market cap of about 62-66 billion dollars. The offering raised roughly 904 million dollars and was oversubscribed more than 8,000 times, with backing from strategic investors including DeepSeek.
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