Unitree opened online subscription for its IPO on the Shanghai Stock Exchange’s STAR Market on Aug. 10. Chinese media have described the offering as the country’s first IPO by a humanoid robot maker.
The deal has attracted attention because of its relatively small public float and Unitree’s position in China’s humanoid robotics sector. Brokerage estimates put the online allotment rate at around 0.02% to 0.03%, while potential first-day gains remain market projections rather than company guidance. [21st Century Business Herald, in Chinese]
