Unitree Lists on STAR Market, Opens at 1,100 Yuan, Up 629% From IPO Price

Unitree Robotics debuted on the Shanghai Stock Exchange STAR Market at 1,100 yuan per share, 629.44% above its 150.8-yuan issue price, with a total market value of 444.9 billion yuan.

The company's founder, Wang Xingxing, has been known for taking unconventional positions, including low-cost in-house core components and a skeptical view that data alone will not produce embodied intelligence.