Posted on 08/18/2026 8:40:04 PM PDT by lasereye
Unitree Robotics shares rose 542% in early trading Wednesday as the Chinese humanoid robot maker made its stock market debut in Shanghai.
The Hangzhou-based robot maker, whose backflipping and dancing machines have drawn global attention, raised about 6.1 billion yuan ($905 million) in its IPO, according to its prospectus. Shares rose to 968.1 yuan apiece, after hitting as high as 1,100 yuan earlier.
The IPO also drew backing from Chinese AI company DeepSeek, which invested about 140.8 million yuan, according to a company filing. Unitree’s existing investors also include Chinese tech giant Tencent.
Unitree’s product lineup spans bipedal humanoid robots that can walk and manipulate objects with dexterous hands, as well as four-legged robots used for tasks such as hazard detection.
Ahead of its listing, Unitree on Monday unveiled a new humanoid robot called “Superman,” which it says can jump two meters from a standing position and run at speeds of up to 12.66 meters per second.
Unitree is the latest high-profile Chinese tech name to hit Shanghai’s STAR Market, following memory chipmaker CXMT’s listing last month, when its shares soared 466% on their first day of trading.
Morgan Stanley in June raised its forecast for China’s humanoid robot shipments to 50,000 units this year, nearly double its previous projection of 28,000. The bank estimated China’s humanoid robot market will grow from $2 billion this year to $15 billion by 2030.
The bank further expects pilot projects in China to begin moving into broader deployments in the second half of this year, with full-size humanoids forecast to account for about 30% of shipments, rising to 70% by 2028.
(Excerpt) Read more at cnbc.com ...
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China's biggest advantage may be that they will be cheaper than US humanoid robots. Maybe Optimus will have a technological edge on the Chinese robots.
China has been lying about it’s population. There’s pretty good anecdotal evidence that the Chinese population is about 1/2 the list 1.45 billion. The robots may be needed for factory work.
Fine if all you want is a pre-programmed backflipping clown. No mention of AGI ability to do autonomous house work. I’ll believe Tesla is on the right track, long before I trust China to be honest about building anything useful.
It’s a Boston Dynamics wanna be clone. Stop it with the CCP propaganda! The “Pop” was the result of the CCP manipulation, it’s what they do. Go ahead and invest all you have into the company and you will be broke next year.
I think they lie because COVID killed WAY MORE of them than they’d like to admit. Remember the tractor-trailer crematoriums that there were reports of running 24 hours a day?
That was a little scary
“ That was a little scary”
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Well, the little Chinese kid shouldn’t have dissed the robot. ;-)
I would have turned that robot into a bucket of bolts if that was my kid.
“I think they lie because COVID killed WAY MORE of them than they’d like to admit.”
I visited Los Angeles last year and was shocked by the number of Chinese still wearing masks. They must know something.
Why do all these humanoid robots seem to have black faces?
Sucker born every minute.
We don’t need your crap propaganda Chicom boy.
The exaggerated population numbers have begun to cause issues in other areas. For example residential real estate prices have fallen nation wide. They have massively overbuilt housing and prices have fallen by up to 60%. The secondhand real estate market is just brutal. People that bought a house or flat owe something like twice as much as the current value of the property.
What propaganda moron?
Exactly! Not shown in the photo is a guy remotely controlling this “intelligent” robot. Boston Dynamics robots were doing this stuff more than 10 years ago.
What I would like to see is one or more of this kind of robot assemble another one of their kind from parts from a crate, the way that American soldiers assembled jeeps during WWII.
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