China’s Hottest Robot Stock Unitree Just Lost Half Its Value in Days. Here’s Why.

TLDR

• Unitree shares fell 45% after surging 460% on their Shanghai debut last week
• The stock briefly valued the company at $66 billion before losing over 200 billion yuan in market cap
• First-quarter adjusted profit dropped 53% as costs rose and commercial orders remain limited
• China’s IPO pricing system is under scrutiny after retail investors absorbed heavy losses
• Analysts say the selloff reflects a gap between robotics hype and real-world deployment

Unitree, China’s best-known humanoid robot maker, has become the latest cautionary tale in the country’s tech investment scene. Shares of the Hangzhou-based company have fallen roughly 45% from their intraday peak of 1,100 yuan, reached just days after its Shanghai debut on August 19.

Unitree New Robot Preview: “Superman” Breaking the Limits of Humanity🥳
Standing high jump 2 m, top speed 12.66 m/s (0.85 m leg length)
Surpassing the standing high jump and running speed records of all humans around the world
This new machine has only been in development for a… pic.twitter.com/12i80ITU6p

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