
Unitree Rockets on Shanghai Debut with a 542% IPO Surge
Unitree Robotics jumped 542% on its Shanghai STAR Market debut after raising about 6.1 billion yuan ($905 million) in its IPO, with shares trading around 968 yuan after earlier highs near 1,100. Backers include Tencent and DeepSeek, and ahead of listing the company unveiled its 'Superman' humanoid, capable of a two-meter jump and speeds up to 12.66 m/s. Morgan Stanley expects China’s humanoid robot shipments to reach about 50,000 this year as the market grows from roughly $2 billion to $15 billion by 2030, with pilots moving to broader deployments and full-size humanoids increasing their share of shipments by 2028.













