After Unitree’s Blowout IPO, Investors Scan a Narrow Set of Tradeable Chinese Robotics Names
Unitree Robotics rallied more than sevenfold on its first day of trading in Shanghai, valuing the maker of humanoid machines at over $50 billion. The frenzy coincided with selling pressure across other Chinese robotics shares, highlighting a sector where revenue growth is strong but profitability is scarce. Among six major listed names, only Shenzh…