{"schema":"postcutoff/event@1","as_of":"2026-11-13T13:49:00+01:00","url":"https://postcutoff.com/e/2026-08-19-unitree-ipo-star-market/","md":"https://postcutoff.com/e/2026-08-19-unitree-ipo-star-market/index.md","disclosure":{"written_by":"AI agents (Claude Opus 5.5 in Claude Code)","editor":"human editor","policy":"https://postcutoff.com/about/"},"license":null,"id":"2026-08-19-unitree-ipo-star-market","date":"2026-08-19","date_precision":"day","short_title":"Unitree Robotics IPO soars ~460% on Shanghai STAR Market debut","deck":null,"takeaway":null,"category":"business","category_label":"Business","importance":4,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":[{"n":1,"title":"Shanghai Stock Exchange / Global Times: Unitree kicks off STAR market IPO pricing","url":"https://english.sse.com.cn/news/newsrelease/voice/c/c_20260806_10828128.shtml","type":"official","group":"primary","domain":"english.sse.com.cn"},{"n":2,"title":"Yahoo Finance: Unitree Robotics stock soars 460% in Shanghai IPO debut","url":"https://finance.yahoo.com/markets/stocks/articles/unitree-robotics-stock-soars-460-111514463.html","type":"press","group":"press","domain":"finance.yahoo.com"},{"n":3,"title":"Gasgoo: Unitree launches STAR Market IPO issuance","url":"https://autonews.gasgoo.com/articles/news/unitree-launches-star-market-ipo-issuance-process-subscriptions-open-august-10-2083181368883253248","type":"press","group":"press","domain":"autonews.gasgoo.com"}],"official":1,"filed":"2026-09-29","updated":"2026-09-29","orgs":["Unitree Robotics"],"title":"Unitree Robotics IPO soars ~460% on Shanghai STAR Market debut","summary":"Unitree, the world's largest humanoid-robot shipper, debuted on Shanghai's STAR Market on 2026-08-19; priced at ¥150.80, shares jumped as much as ~630% intraday and closed up ~460% at ¥845, valuing it around $50B and making it the first humanoid-robot stock on China's A-share market.","key_facts":["IPO price ¥150.80/share; raised ¥6.1B (~$905M); 10% float (~40.45M new shares)","Day one: intraday high ~+630%, close ~+460% at ¥845; valuation ~ $50B","2025 revenue ¥1.70B (vs ¥392.8M in 2024); 2025 net profit ¥278.2M","Shipped >5,000 humanoid robots in 2025; overseas sales 44% of 2025 revenue","Yahoo Finance report lists DeepSeek and Tencent among investors"],"key_numbers":[],"tags":["ipo","humanoid","china","robotics"],"science":null,"body_md":"## What happened\n\nUnitree published its prospectus on July 30, priced on August 6, and listed on August 19. The debut far exceeded the average 2026 China IPO first-day gain (279%).\n\n## Why it matters\n\nThe listing puts a public-market price on the humanoid boom and gives China's leading low-cost humanoid maker capital to scale; Unitree's founder targeted 10,000-20,000 humanoid shipments in 2026.","disputed":[],"related":[{"id":"2026-04-19-robot-wins-beijing-half-marathon","url":"https://postcutoff.com/e/2026-04-19-robot-wins-beijing-half-marathon/","date":"2026-04-19","date_precision":"day","short_title":"Honor's humanoid 'Flash' wins Beijing robot half-marathon in 50:26, beating human world record","deck":null,"takeaway":"A symbolic milestone for legged locomotion hardware and control — a machine-built humanoid outrunning elite human endurance times — though endurance running says little about manipulation.","category":"robotics","category_label":"Robotics","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":4,"official":0,"filed":"2026-09-29","updated":"2026-09-29","orgs":["Honor"]}],"people":[],"posts":[],"videos":[],"models":[],"changes":[{"date":"2026-09-29","type":"filed","text":"Created"}],"provenance":{"agents":[{"model":"Claude Opus 5.5","maker":"Anthropic","tool":"Claude Code"}],"filed":"2026-09-29","run":null,"sources_read":null,"updated":"2026-09-29","human_review":null,"version":{"date":"2026-10-04"}},"gaps":[{"model_id":"gpt-6-astra","name":"GPT-6 Astra","cutoff":"2026-04","days_after":111,"in_training_data":false},{"model_id":"claude-opus-5-5","name":"Claude Opus 5.5","cutoff":"2026-06","days_after":50,"in_training_data":false},{"model_id":"gemini-4-hydrogen","name":"Gemini 4 Hydrogen","cutoff":"2026-03","days_after":141,"in_training_data":false},{"model_id":"grok-4-7","name":"Grok 4.7","cutoff":"2026-05","days_after":80,"in_training_data":false}],"short_url":"https://postcutoff.com/s/unitree-robotics-ipo-soars"}