Sponsor CITIC says Unitree could be worth over 50 billion yuan after its Shanghai listing, a milestone for China’s humanoid-robot leader as demand accelerates.

Unitree Technology expects a valuation exceeding fifty billion yuan after its Shanghai IPO. The robot maker aims to raise funds for innovation and production expansion. This…

The offering is emerging as an early test of whether public markets will support the lofty valuations attached to China’s humanoid-robot sector