Unitree shares soar 629% after robot maker raises $905m in Shanghai IPO

IPOHumanoid developer leads China's charge in increasingly competitive sectorA Unitree G1 embodied intelligent robot is displayed at an industry event in Shanghai on Aug. 12. (VCG via Getty Images)CISSY ZHOU and LORRETTA CHENAugust 19, 2026 10:40 JSTHONG KONG -- Shares of Unitree Robotics, China's high-profile humanoid robot maker known for fluid athletic maneuvers, shot up more than 629% to 1,100 yuan apiece upon their debut in Shanghai on Wednesday, after the company raised 6.1 billion yuan ($905 million).