The high level of interest underscores the investor appetite for physical AI companies, one of Beijing’s strategic priorities. Read more at straitstimes.com. Read more at straitstimes.com.
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Oversubscribed 8,288 to 1: China’s Hottest IPO Hits ‘Embodied AI’ Boom
Unitree’s IPO was oversubscribed 8,288 times even as AgiBot overtook it to lead China’s embodied AI boom. The next IPO gold rush?
China exports its economic problems to the world
An electric tricycle factory in China’s eastern Shandong province on July 30. (-/AFP/Getty Images) China’s economy is structurally weaker than it appears and overly dependent on government-subsidized exports. On the surface, China is on track…
Yum China completes $1.2bn acquisition of Pizza Hut brand in China
Yum China Holdings has finalised the purchase of the Pizza Hut brand rights in Mainland China from Yum! Brands in a deal valued at $1.2bn. First announced in June, the transaction transfers ownership …
General Motors says it’s extending its China partnership for 20 years
General Motors is renewing its SAIC Motor joint venture in China for 20 years, the company said late Aug. 4, inking the deal a year ahead of schedule and after the costly restructuring of its…
Unitree’s Shanghai IPO more than 8,000 times oversubscribed by retail investors
BEIJING/SHANGHAI, Aug 10 (Reuters) – Chinese robot maker Unitree said on Monday its $900 million Shanghai initial public offering was more than 8,000 times oversubscribed by retail investors, …
Trump’s China Gambit Puts Standard Chartered’s $500K Bitcoin Thesis Back in Focus
At a White House event on July 6, President Donald Trump reframed his support for Bitcoin in explicitly geopolitical terms, arguing that ceding ground in digital assets would hand China a strategic …
China Hits US Pecans With 54% Levies Before Xi-Trump Summit
China ordered steep anti-dumping deposits on pecan imports from the US and Mexico, adding another source of trade friction weeks before an expected summit between President Donald Trump and Chinese …
China’s Surgical Robot Exports Surge 3.3-Fold as High-Tech Trade Grows
China’s surgical robot exports rose 3.3-fold in the first half of 2026 as robotics, AI, and innovative drugs drive higher-value technology exports.
China Adds 20 Tonnes of Gold as Reserve Shift Strengthens Bitcoin’s ‘Digital Gold’ Narrative
China added nearly 20 tonnes of gold in July, its largest monthly purchase since October 2023. The purchase extended China’s gold-buying streak to 21 months …
Unitree’s Shanghai IPO 5,526 times subscribed by retail buyers
The highly anticipated initial public offering of Yushu Technology Co, known as Unitree Robotics, drew huge demand from retail investors.
Top News Today: AI, Startup & Crypto Updates: China’s Chip Boom, Leadership Shake-Up at Delhivery, AI Hiring Taking an Interesting Turn, Crypto’s Dot-Com Moment & Agentic …
Good morning! Here’s your quick roundup of today’s biggest developments across semiconductors, startup funding, hiring, cryptocurrency security, and artificial …
Unitree IPO draws spotlight to China’s fast-growing humanoid robot sector
SHANGHAI — Chinese robot maker Unitree Robotics on Monday opened subscriptions for its initial public offering (IPO) on the Shanghai Stock Exchange’s STAR Market, putting a leading player in China’s …
