Unitree Opens A-Share IPO Subscription for Humanoid Robots
Humanoid robot maker Unitree opened subscription for its A-share IPO on the Shanghai Stock Exchange’s STAR Market on Aug. 10. The offering has drawn attention due to the company's sector position.
Humanoid robot manufacturer Unitree opened online subscription for its IPO on the Shanghai Stock Exchange’s STAR Market on August 10. Chinese media have described the offering as the country’s first IPO by a humanoid robot maker.
The deal has attracted attention due to Unitree’s position in China’s humanoid robotics sector and the relatively small size of its public float. Brokerage estimates suggest the online allotment rate is around 0.02% to 0.03%.
Potential first-day gains remain market projections rather than company guidance. [21st Century Business Herald]