China's Unitree soars in market debut as investors bet on humanoid robots China's Unitree Robotics has soared in its market debut, a sign of investors' confidence in Chinese innovation in the burgeoning field of human-like robots. Shares of Unitree surged more than 620 percent on Wednesday as it began trading in Shanghai, lifting the Hangzhou-based company's market capitalisation to as high as 445 billion yuan ($66bn). Unitree, whose main competitors include China's AgiBot and US-based Tesla and Boston Dynamics, had priced its initial public offering at 50.8 yuan per share for a company valuation of about 61 billion yuan ($9bn). The landmark IPO marked the first listing of a humanoid robotics company in mainland China. Unitree, founded in 2016 by engineer Wang Xingxing, is one of China's leading makers of humanoid robots, with its demonstrations of human-like figures performing dancing and martial arts routines capturing widespread attention.

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Analysts project sales of humanoid robots could rise from $2bn in 2025 to $300bn in 2035. Analysts project sales of humanoid robots could rise from $2bn in 2025 to $300bn in 2035. Company's robots have gained global fame via videos of them performing martial arts and as dancers for pop stars EDTLast modified on Wed 19 Aug 2026 04.44 EDT Unitree, the world's biggest humanoid robot maker, has made a spectacular entry on to China's stock market, with its shares surging by more than 600%. The Chinese company's robots have gained global fame via viral videos of them performing martial arts, running at Olympic speeds and serving as backup dancers for pop stars. Photograph: Adek Berry/AFP/Getty ImagesShares in the business, officially known as Yushu Technology Co, rose to as high as 1,100 yuan (£120.39) on Wednesday, up from an IPO price of just 150.8 yuan.

Image caption, Unitree's humanoid robots have been at the centre of a huge marketing push The world's biggest humanoid robot maker Unitree Robotics made its stock market debut in Shanghai on Wednesday, with its shares soaring by more than 600%. In the highly anticipated initial public offering (IPO), the firm's shares opened at 1,100 yuan (£120.60; The listing on the tech-focused Star Market - which is widely known as China's Nasdaq - marks a milestone for Beijing's ambitious plans for the country's robotics industry. It comes as the US and China are locked in a battle to dominate the global market for robots and artificial intelligence (AI) models that power them. Robots like automated industrial equipment and smart vacuum cleaners are already widely used in factories, warehouses and homes. Now, the humanoid robotics industry is attracting huge amounts of investment as major companies - including Tesla, BYD and Amazon - are developing two-legged machines capable of performing tasks usually carried out by people.

How U.S. military funding propelled China's robot dogs A child sits next to G1 humanoid robots produced by China's Unitree Robotics as he interacts with a Go2 robot, at a Unitree store in Beijing on Aug. 1. | REUTERS WASHINGTON - China's Unitree Robotics -- among the world's biggest producers of humanoid and quadruped robots -- based designs for its most successful robot dogs on innovations funded by the U.S. military, according to a former U.S. defense technology official and three top researchers involved in the project. Unitree's $1,600 Go2 model, launched in 2023, helped the company rapidly dominate the global quadruped robot market -- its Shanghai initial public offering has drawn frenzied demand. Another Unitree robot has been shown on Chinese state television, armed and accompanying People's Liberation Army (PLA) troops on an exercise. These robots draw on breakthroughs in quadruped movement financed by the U.S. DEVCOM Army Research Laboratory (ARL) and other military programs, the researchers and the former official said. In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.

For years, the tech industry has portrayed Chinese AI development as an existential threat. The truth is not so straightforward. As China releases ever more capable AI models--ones that compete with Silicon Valley's top offerings--many American AI and national-security researchers have been arguing, loudly and forcefully, that the world should fear Chinese AI supremacy. The outcomes they envision are catastrophic. I spoke with a number of such experts recently, and they warned of bots that could devise an impenetrable missile-defense system that makes obsolete America's nuclear arsenal, or manufacture an endless drone army that overwhelms American defenses. They could develop bioweapons that "target specific ethnic groups, e.g.

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China's Unitree unveils'Superman' robot as fervor builds ahead of Shanghai debut SHANGHAI/BEIJING - China's Unitree unveiled a new high-speed robot it dubbed "Superman" on Monday, days before becoming the first general-purpose robotics company to list on mainland China's stock market. Unitree, the world's biggest humanoid-robot maker by sales, will start trading in Shanghai on Wednesday after raising 6.1 billion yuan ($905 million) in an initial public offering last week. The company, based in the eastern Chinese tech hub of Hangzhou, said it developed the new robot in just over three months. It achieved a standing jump of 2 meters and reached a top speed of 12.66 meters per second. The Shanghai debut coincides with the opening of the World Robot Conference in Beijing, adding to investor attention on a company whose humanoid robots have drawn global notice for running, dancing and performing martial arts. The IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's tech-focused STAR Market.

Donald Trump Jr. (left) and Eric Trump gesture outside the Nasdaq building after ringing the opening bell to celebrate the closing of ALT5's $1.5 billion offering and adoption of its $WLFI Treasury Strategy at the Nasdaq Market, in New York on Aug. 13, 2025. BOSTON - U.S. President Donald Trump-backed World Liberty Financial is collaborating with a Hong Kong-based venture offering artificial intelligence models developed by Chinese companies the U.S. administration has flagged for national security concerns. WorldClaw, founded earlier this year, offers customers access to a suite of AI models and accepts World Liberty's crypto tokens as payment. The Trump family, through its ownership stake, earns revenue from the use of World Liberty's tokens. A review found that 43 of the 90 models available through WorldClaw's website -- nearly half -- were developed by Alibaba, Baidu, Z.ai and other Chinese technology companies the Trump administration says pose risks to national security and intellectual property. WorldClaw also offers access to dozens of models from U.S. firms such as OpenAI and Anthropic.

Taiwan's opposition-controlled parliament has approved the government's annual budget, preserving funding for a drone programme central to the island's defence plans against China. Lawmakers passed the $93bn budget late on Friday, after a record 266 days of political deadlock and its legal deadline, as President William Lai Ching-te's administration, which lost its parliamentary majority in 2024, continues to clash with opposition parties over government spending. The Kuomintang dropped the proposed cut after concluding there was no wasteful overlap between the development and procurement programmes it had initially cited as justification. Other reductions included a 60 percent cut to special allowances for government agency heads, a 2.5 percent cut to military equipment and facilities spending, and a 50 percent cut to media policy and publicity budgets. Before Friday's vote, the government had been operating under a provisional budget mechanism to keep paying civil servants and funding welfare programmes.