Business
Unitree’s IPO Was Already Oversubscribed Thousands of Times—What Happened on Its Shanghai Debut Took the Robot Frenzy Even Further
SHANGHAI — China’s humanoid robot boom has moved from technology showcases to the stock market — and investors are showing just how much they are willing to pay for a piece of it. Unitree Robotics, one of China’s best-known makers of humanoid robots and robotic dogs, was set for an extraordinary debut on Shanghai’s STAR Market on Wednesday, August 19, with pre-open indications pointing to its shares opening more than 600% above their IPO price. The dramatic move puts a spotlight not only on Un
