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Unitree Robotics

Unitree Robotics
Unitree Robotics is a company known for developing and manufacturing quadruped and humanoid robots. It is part of a cohort of high-profile start-ups based in Hangzhou known as the “six little dragons”.
Humanoid robots by Unitree Robotics demonstrate a group dance during an expo in Beijing. Photo: Reuters
IPO

China’s humanoid robot IPO slowdown no threat to firms with ‘genuine strength’

The market is shifting from a ‘blind rush’ to ‘fine screening’, but funding is still there for firms with clear strategies, Deloitte China says.

Video | Robots waltz on stage with humans in China

Mainland China

Video | Chinese robots dance their way into America’s Got Talent finale

IPO

Unitree’s US$30 billion stock wipe-off spurs caution on humanoid robot IPOs

Beijing tipped to tighten approvals, heighten scrutiny of humanoid makers as leading robotics specialist reports a 44% stock slump.

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Humanoid robots by Unitree Robotics demonstrate a group dance during the 2026 World Robot Conference, in Beijing. Photo: Reuters
Robotics

Opinion | China’s robot revolution may not arrive in the way you expect

Electric vehicles generally travel abroad as finished, branded products. Chinese robotics could spread differently.

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Hong Kong science and tech

HKU partners with tech giants to offer AI labs at expanded Shanghai campus

University’s campus in Zhangjiang Science City, Shanghai, welcomed more than 300 students for new term, with plans to expand intake.

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China trade

China’s Micbot trains robots to withstand the heat of Saudi Arabian oil industry

AI-powered quadrupeds, designed for extreme conditions and hazardous sites, are undergoing tests in China as Micbot awaits Aramco’s mass-procurement decision.

Robotic quadrupeds that Micbot has developed with Aramco are being prepared for delivery to Saudi Arabia later this year. Photo: handout
Hong Kong economy

Editorial | HKEX’s role crucial as Hong Kong helps build future of global finance

The city’s stock exchange is set to attract hi-tech mainland manufacturers looking to raise funds even as it forges partnerships overseas.

Robotics

Unitree’s stock slump begs question: is there a bubble in humanoid robotics?

Even after the sell-off, Unitree’s market value is more than four times the top of the range indicated by lead underwriter Citic Securities.

Robotics

Are humanoid robots the future? Chinese makers instead highlight practicality

The industry is seeing a shift from flashy demonstrations, like kickboxing and dancing, to real-world deployment.

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Onlookers watch a robot thread a string through a needle during the World Robot Conference in Beijing on Wednesday. Photo: AP
China stock market

Evergrande’s fine, China cuts US Treasury holdings: the numbers moving markets

CXMT’s valuation, Unitree’s listing surge and retirement expectations for Hong Kong’s wealthy are among stories leading this week’s market numbers.

Hui Ka-yan, the founder of China’s Evergrande Group, in court in Shenzhen on Thursday. Photo: Reuters
Robotics

From spectacle to scale: why China’s robotics firms face a ‘critical juncture’

China’s robots have won global attention with a string of viral stunts. But firms now face growing pressure to generate real-world returns.

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Robotics

Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut

Stock jumps as first listing by humanoid robot maker draws 9.8 million retail investment accounts competing for just 9.7 million shares.

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Robotics

Robotics | Chinese robots on the march despite tech war hurdles

Recent US ban on new robots is unlikely to prevent robotics becoming China’s next export engine after electric vehicles.

Chinese robots on the march despite tech war hurdles
Electric & new energy vehicles

Musk’s headaches: meet China’s corporate matrix challenging his empire

From Tesla to SpaceX, Starlink and Neuralink, Chinese companies are giving – or trying to give – Elon Musk’s firms a run for their money.

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Elon Musk, CEO of Tesla and SpaceX, attends a conference in Paris on June 16, 2023. Photo: Reuters
Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

China manufacturing

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

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Honor

Robot in a pocket: Honor’s new phone camera nods back at users

The Chinese smartphone maker has integrated embodied AI to control camera movement, along with other features to boost interest amid a cooling market.

Chinese smartphone maker Honor has launched the Robot Phone, a handset with a motorised, fold-out gimbal camera. Photo: Handout
Artificial intelligence

Chinese AI start-up ModelBest kicks off pre-IPO tutoring process on mainland

Company says it has hired Citic Securities to guide pre-listing preparation but has not announced further details of plans.

Robotics

Unitree IPO deluge masks humanoid robots’ limitations

Retail investors subscribed for more than 5,500 times the shares on offer in Unitree Robotics’ offering amid hype about advances for humanoid robots and a run of Shanghai IPO windfalls.

Robotics

Unitree IPO frenzy leaves retail investors with 1-in-5,500 odds

Robotics company’s US$900 million Star Market listing offers slimmer odds than recent offerings by CXMT, Moore Threads and MetaX.

Children stand near Unitree robots on display at a store in Beijing on Monday. Photo: Reuters
Technology

Opinion | US does its robotics industry no favours by fencing it off from China

By banning Chinese humanoid robots, Washington is trying to buy its industry time, but the lack of competition is not a strength.

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A robot made by Chinese company AgiBot dances at the AI for Good Global Summit in Geneva, Switzerland, on July 7. Photo: Xinhua
Robotics

AgiBot dethrones Unitree as world’s top humanoid maker ahead of IPOs

AgiBot’s shipments surged 562 per cent year on year, supported by a portfolio of full-size bipedals, compact units and wheeled robots.

Robotics

Backed by DeepSeek, Unitree seeks US$9b valuation in landmark robotics IPO

DeepSeek, which invested 141 million yuan, will co-develop AI models and embodied-intelligence technology with Unitree.

Robotics

China’s X Square Robot submits confidential filing for Hong Kong IPO: sources

The start-up joins a growing list of domestic robot makers in China raising capital.

An X Square Robot cleaning a home in Beijing on May 21. Photo: AFP
Robotics

Unitree to launch IPO next week as US-China robotics rivalry intensifies

The Hangzhou-based firm will launch its listing in Shanghai next week, as a string of Chinese robotics start-ups pursue plans to go public.

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A Unitree G1 humanoid robot is displayed during London Tech Week in London. Photo: Reuters
Robotics

Tesla to benefit from US robot ban as Chinese rivals suffer knockback

Leading Chinese robot makers have ambitious overseas expansion plans, but Washington’s ban may force them to recalibrate.

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Robotics

China sweeps global humanoid robot start-up ranking as US imposes ban

The LexisNexis study identified a ‘clear shift towards China’ in the humanoid robot race, with the US falling behind.

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