BUSINESS

Retail Investors Face Slim Odds at Slice of Unitree IPO

Published: Aug. 10, 2026 4:48 p.m. GMT+8

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Stock subscription page of Unitree Robotics. Photo: VCG

Unitree Robotics opened subscriptions for its highly anticipated Shanghai listing on Monday, with retail investors facing exceptionally slim odds of securing an allocation.

Brokerages estimate the chance of winning shares in the offering at just 0.02% to 0.05%, underscoring both intense investor interest in humanoid robotics and the relatively small portion of shares reserved for online retail subscriptions.

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Unitree IPO opened Monday with retail odds of 0.02%-0.05%. Shares priced at 150.8 yuan (219 times earnings), expected to raise 6.1 billion yuan.
Only 6.47 million shares (20% of available shares) for retail, fewer than 13,000 winning lots. Subscription requires 60,000 yuan in Shanghai holdings.
Chairman Wang warned against speculation. Proceeds will develop robot models, hardware, and manufacturing. Embodied-AI models remain at early stage globally.

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What Happened When

2026-08-07：: Unitree Chairman Wang Xingxing sought to cool speculative enthusiasm during an online roadshow, stating that investors should buy shares based on company value rather than for speculation.

2026-08-10：: Unitree Robotics opened subscriptions for its Shanghai listing. Shares were priced at 150.8 yuan ($22.35) each, equivalent to about 219 times earnings. Brokerages estimated the chance of winning shares in the offering at just 0.02% to 0.05%.

AI generated, for reference only