Unitree IPO oversubscribed more than 5,000 times as investors pile into humanoid robotics
Unitree Roboticsβ initial public offering has reportedly been oversubscribed more than 5,000 times as investors scramble for shares in one of Chinaβs best-known humanoid robot manufacturers. The Hangzhou-based company priced its IPO at 150.8 yuan ($22.4) per share, raising approximately $900 million and giving Unitree a valuation of around $9 billion, according to CNBC. Demand [β¦]