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Unitree Robotics

Unitree Robotics
Unitree Robotics is a company known for developing and manufacturing quadruped and humanoid robots. It is part of a cohort of high-profile start-ups based in Hangzhou known as the “six little dragons”.
Robotic quadrupeds that Micbot has developed with Aramco are being prepared for delivery to Saudi Arabia later this year. Photo: handout
China trade

China’s Micbot trains robots to withstand the heat of Saudi Arabian oil industry

AI-powered quadrupeds, designed for extreme conditions and hazardous sites, are undergoing tests in China as Micbot awaits Aramco’s mass-procurement decision.

Hong Kong economy

Editorial | HKEX’s role crucial as Hong Kong helps build future of global finance

Robotics

Unitree’s stock slump begs question: is there a bubble in humanoid robotics?

Robotics

Are humanoid robots the future? Chinese makers instead highlight practicality

The industry is seeing a shift from flashy demonstrations, like kickboxing and dancing, to real-world deployment.

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Onlookers watch a robot thread a string through a needle during the World Robot Conference in Beijing on Wednesday. Photo: AP
China stock market

Evergrande’s fine, China cuts US Treasury holdings: the numbers moving markets

CXMT’s valuation, Unitree’s listing surge and retirement expectations for Hong Kong’s wealthy are among stories leading this week’s market numbers.

Robotics

From spectacle to scale: why China’s robotics firms face a ‘critical juncture’

China’s robots have won global attention with a string of viral stunts. But firms now face growing pressure to generate real-world returns.

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Robotics

Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut

Stock jumps as first listing by humanoid robot maker draws 9.8 million retail investment accounts competing for just 9.7 million shares.

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People watch humanoid robots dance at the Unitree booth during the World Artificial Intelligence Conference in Shanghai on July 17. Photo: Reuters
Robotics

Robotics | Chinese robots on the march despite tech war hurdles

Recent US ban on new robots is unlikely to prevent robotics becoming China’s next export engine after electric vehicles.

Electric & new energy vehicles

Musk’s headaches: meet China’s corporate matrix challenging his empire

From Tesla to SpaceX, Starlink and Neuralink, Chinese companies are giving – or trying to give – Elon Musk’s firms a run for their money.

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Hong Kong stock market

From chasing robots to chasing profits: the numbers moving markets

Unitree Robotics, US inflation rates, gold prices, Hong Kong homes and CK Hutchison’s interim results were in the spotlight this week.

Unitree’s G1 humanoid robots sit next to a child interacting with the company's GO2 robot at a Unitree store in Beijing on August 1, 2026. Photo: Reuters
China manufacturing

From solar to AI: why China may be entering its ‘Go Global 3.0’ era

As a new wave of Chinese firms captures global demand for hi-tech goods, a new report highlights a strategic shift towards AI hardware and robotics.

China’s humanoid robot sector has accelerated rapidly in recent years, with mass production and commercial deployment advancing across industries. Photo: Xinhua
Honor

Robot in a pocket: Honor’s new phone camera nods back at users

The Chinese smartphone maker has integrated embodied AI to control camera movement, along with other features to boost interest amid a cooling market.

Artificial intelligence

Chinese AI start-up ModelBest kicks off pre-IPO tutoring process on mainland

Company says it has hired Citic Securities to guide pre-listing preparation but has not announced further details of plans.

Robotics

Unitree IPO deluge masks humanoid robots’ limitations

Retail investors subscribed for more than 5,500 times the shares on offer in Unitree Robotics’ offering amid hype about advances for humanoid robots and a run of Shanghai IPO windfalls.

Photo: SCMP
Robotics

Unitree IPO frenzy leaves retail investors with 1-in-5,500 odds

Robotics company’s US$900 million Star Market listing offers slimmer odds than recent offerings by CXMT, Moore Threads and MetaX.

Children stand near Unitree robots on display at a store in Beijing on Monday. Photo: Reuters
Technology

Opinion | US does its robotics industry no favours by fencing it off from China

By banning Chinese humanoid robots, Washington is trying to buy its industry time, but the lack of competition is not a strength.

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Robotics

AgiBot dethrones Unitree as world’s top humanoid maker ahead of IPOs

AgiBot’s shipments surged 562 per cent year on year, supported by a portfolio of full-size bipedals, compact units and wheeled robots.

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Robotics

Backed by DeepSeek, Unitree seeks US$9b valuation in landmark robotics IPO

DeepSeek, which invested 141 million yuan, will co-develop AI models and embodied-intelligence technology with Unitree.

Visitors interact with a robot from Unitree Robotics during the China International Consumer Products Expo in Haikou, south China’s Hainan province, April 14, 2026. Photo: Xinhua
Robotics

China’s X Square Robot submits confidential filing for Hong Kong IPO: sources

The start-up joins a growing list of domestic robot makers in China raising capital.

Robotics

Unitree to launch IPO next week as US-China robotics rivalry intensifies

The Hangzhou-based firm will launch its listing in Shanghai next week, as a string of Chinese robotics start-ups pursue plans to go public.

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Robotics

Tesla to benefit from US robot ban as Chinese rivals suffer knockback

Leading Chinese robot makers have ambitious overseas expansion plans, but Washington’s ban may force them to recalibrate.

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Humanoid robots pick and sort goods at a demonstration warehouse during an expo in Shanghai. Photo: Xinhua
Robotics

China sweeps global humanoid robot start-up ranking as US imposes ban

The LexisNexis study identified a ‘clear shift towards China’ in the humanoid robot race, with the US falling behind.

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Humanoid robots work on an imitation factory production line at a robot training centre in east China’s Jiangsu province. Photo: AFP
Alibaba

From CXMT to Zhipu AI, Alibaba’s strategic investments are paying off

The company’s strategic shift to AI and chip investments is not only yielding significant returns, but also boosting its tech portfolio.

China GDP

China’s ‘K-shaped’ economy is divided not just by sector, but geography

The divide between China’s booming tech industry and struggling consumer sector has drawn attention. But regional disparities are also widening.

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China’s private sector

How Beijing became China’s biggest tech venture capitalist, from AI to chips

China’s tech sector thrives on state-backed investment, reshaping funding dynamics and sparking a debate about balancing risk and innovation.

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Illustration: Davies Christian
Architecture and design

Only in Hangzhou: new Westlake 66 complex blends hi-tech and history

Hang Lung Properties’ newest mixed-use development connects centuries of history to one of China’s most dynamic tech hubs.

Westlake 66, Hang Lung's 11th project in China, is a hub of commerce, culture and community. Photo: courtesy Hang Lung Properties
Robotics

Chinese robot maker AgiBot targets a listing in Hong Kong’s booming market

Leading robot maker plans a Hong Kong IPO with Citic, CICC, and Morgan Stanley as sponsors.

Artificial intelligence

Heat, hardware and high stakes at China’s World AI Conference

SCMP’s Ann Cao just finished covering her sixth WAIC in Shanghai, and is looking forward to the next one.

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