Unitree’s Shanghai IPO More than 8,000 Times Oversubscribed by Retail Investors
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7 Articles
China Daily
EcnsUnitree IPO puts physical AI in investor spotlight
Unitree Robotics IPO draws over 2,700x oversubscription from Shanghai retail investors
Unitree's IPO success highlights growing investor confidence in robotics, potentially accelerating innovation and competition in the sector. The post Unitree Robotics IPO draws over 2,700x oversubscription from Shanghai retail investors appeared first on Crypto Briefing.
Unitree, the Chinese robotics company, has set the price of its OPI with a valuation of approximately $9 billion, becoming the first manufacturer of humanoid robots to be listed in the country. The offer seeks to raise about $900 million to boost its technological development. *** Unitree’s OPI in Shanghai’s STAR market values the company at about $9 billion, with shares at 150.8 yuan each. The manufacturer of humanoid robots reported revenues o…
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