By Samuel Shen and Eduardo Baptista
SHANGHAI/BEIJING, Aug 14 (Reuters) - China's Unitree, the country's most high-profile humanoid robot maker, is widely expected to have an explosive stock market debut in Shanghai next week. The only question is — how frenzied is it going to be?
Outside China, on private share platforms such as EquityZen, UpMarket and Hiive, Unitree shares are tipped to almost triple, while on crypto exchanges Hyperliquid and Gate, derivative trades point to a jump of almost four times.
Some others expect much more.
Such is the excitement around Unitree, whose humanoid robots have drawn global attention for their running, dancing and performing of martial arts, that its IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's STAR Market for tech startups.
#samuel
SHANGHAI/BEIJING, Aug 14 (Reuters) - China's Unitree, the country's most high-profile humanoid robot maker, is widely expected to have an explosive stock market debut in Shanghai next week. The only question is — how frenzied is it going to be?
Outside China, on private share platforms such as EquityZen, UpMarket and Hiive, Unitree shares are tipped to almost triple, while on crypto exchanges Hyperliquid and Gate, derivative trades point to a jump of almost four times.
Some others expect much more.
Such is the excitement around Unitree, whose humanoid robots have drawn global attention for their running, dancing and performing of martial arts, that its IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's STAR Market for tech startups.
#samuel
2 months ago