Unitree Robotics jumps 629% in Shanghai debut, opening at six times its IPO valuation

Unitree Robotics opened at 1,100 yuan on Shanghai's STAR Market on August 19 — a 629% surge from its 150.80 yuan IPO price. The first trade valued the humanoid-robot maker above 366 billion yuan, roughly six times the 61 billion yuan offering valuation. Unitree raised 6.1 billion yuan selling 10% of shares. Whether that premium holds under the 20% daily price band is the open question.