The humanoid robot firm’s 40.4M-share offering oversubscribed ahead of Wednesday trading debut, signaling strong investor appetite.
Humanoid robot manufacturer Unitree will begin trading on Shanghai’s STAR market Wednesday after its initial public offering attracted record demand. The company offered 40.4M shares, with subscriptions exceeding expectations during the IPO period.
Unitree filed for listing in March and cleared its hearing in June, positioning itself as a key player in China’s growing robotics sector. The STAR market, focused on tech innovation, has seen heightened interest in high-growth industries.
The oversubscription highlights investor confidence in Unitree’s market potential amid rising demand for automation and robotics solutions.