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Unitree Wins Approval For US$619 Million Shanghai IPO As China Robotics Race Accelerates

By Rebecca Hsu on July 3, 2026 3:46 pm |

Asia Market, Asia News and Science & Technology

Shanghai, 3 July 2026 – Unitree Robotics has received regulatory approval for a planned listing on Shanghai’s STAR Market, moving one of China’s most closely watched robotics companies closer to a major public-market debut as investor interest in artificial intelligence-powered machines continues to build.

The Hangzhou-based company is seeking to raise 4.2 billion yuan, or about US$619 million, through the proposed initial public offering. Unitree plans to issue at least 40.45 million shares, although the launch date and price range have yet to be announced.

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Author

  • Rebecca Hsu is a Senior Economist and Lead Analyst for The Ledger Asia, focusing on the rapidly evolving financial landscapes of East and Southeast Asia. With a background in sovereign risk assessment and emerging market trends, Rebecca provides sharp commentary on trade dynamics, monetary policy, and the digital economy's impact on regional growth.

    Formerly a strategic advisor for major financial institutions in Hong Kong, she excels at translating complex macroeconomic shifts into actionable insights for investors and policymakers. Her work at The Ledger Asia centers on China’s economic transition and the burgeoning manufacturing hubs of ASEAN, ensuring readers stay ahead of Asia’s shifting financial tides.

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