TechUnitree’s US$30 billion stock wipe-off prompts caution on humanoid robot IPOs
Unitree Robotics has fallen more than 40 per cent since listing, wiping about US$30 billion from its stock value and raising regulatory concern over China’s humanoid-robot sector. Media reports say Beijing may tighten scrutiny of mainland IPO applicants, including their revenue-growth sustainability, earnings outlook and technological innovation capabilities.
Unitree’s US$30 billion stock wipe-off prompts caution on humanoid robot IPOs
Tech