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China's robot champion rose 460%. Then it fell 45%
Unitree shares are down 45% from their debut peak, cutting $30bn from its value and, according to Reuters, raising bubble fears in China.
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forbes.com
China’s Robot Boom Tests Investor Discipline
China’s robot boom hits a frenzy as Unitree’s IPO jumps to a $50 billion valuation, raising questions about revenue, risk and how fast the humanoid market can mature.
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globaltimes.cn
Why did Unitree lose 100 billion yuan in market value in just three days?
Shares of Unitree Robotics, known as “the first humanoid robot stock” in China, continued their decline on Monday. By the close of trading, the drop had narrowed to 10.31 percent,…
