Chinese humanoid robot maker Unitree set to jump over ...
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Key takeaways
- The biggest story today is the Chinese humanoid‑robot maker Unitree Robotics’ record‑breaking IPO on Shanghai’s STAR market, where shares opened at about 1,100 yuan – more than 600 % above the 150.8‑yuan issue price – raising roughly 6.1 billion yuan (about $905 million).
- In the same week Unitree unveiled a new humanoid called “Superman,” which can jump two metres from a standstill, run up to 12.66 m / s and perform backflips, positioning it as the fastest and most agile humanoid yet.
- Analysts project China’s humanoid‑robot market to grow to $15 billion by 2030, with shipments expected to reach 50,000 units this year.
- At the same time, U.S. firms are pitching humanoid robots for southern‑border surveillance, while a recent FCC ban on new foreign‑made humanoid and quadruped robots threatens Unitree’s future U.S. sales and forces American startups to source domestically.
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- Shares in Chinese humanoid robot maker Unitree (688836.SS), opens new tab opened more than 600% higher in its Shanghai trading debut on Wednesday.
The stock (688836.SS), opens new tab opened at 1,100 yuan on the tech-focused STAR Market, 629% higher than its IPO price of 150.8 yuan.
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The trading debut follows Unitree's roughly $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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