Unitree is set for a highly anticipatedShanghai debut, with private-market prices indicating potentially steep gainsover its 150.8-yuan IPO price. The humanoid robot maker attracted record retaildemand, helped by profitability, strong government backing and a limited IPOfloat. However, high valuations, competition and uncertain commercialapplications pose significant risks.

Unitree Robotics' Shanghai STAR Market IPO was oversubscribed up to 8,288 times, drawing $1.2 trillion in demand for the $9 billion humanoid

The Hangzhou-based humanoid robot maker is set to become the first onshore-listed humanoid robot company in mainland China