Unitree Robotics wants to raise about $900 million in an I.P.O. that tests market interest in humanoid robots, a technology that wows but has yet to prove its viability.
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Chinese humanoid robot maker Unitree prices IPO at $9 billion valuation
BEIJING/SHANGHAI/SINGAPORE, Aug 6 (Reuters) – China’s Unitree has priced its Shanghai initial public offering at 150.8 yuan ($22.34) per share, valuing the company at around 61 billion yuan ($9.04 …
China has ramped up Russian oil imports amid Middle East supply problems, says Reuters
Chinese state-owned corporation Sinopec has purchased 30-40 cargoes of Russian ESPO crude for delivery in July-September to offset reduced supplies from the Middle East caused by the war with Iran.
Unitree’s IPO could value China’s robot champion at $7bn or more
Sponsor CITIC says Unitree could be worth over 50 billion yuan after its Shanghai listing, a milestone for China’s humanoid-robot leader as demand accelerates.
FCC Bans Failed to Remove Chinese Telecoms: China Mobile Routed Salt Typhoon Attack Traffic
Chinese telecom ban loophole: A bipartisan House probe found China Mobile’s network routed to Salt Typhoon attacker servers 192 times, even after FCC sanctions. The Stranger Pings report reveals …
Chinese robot maker Unitree prices Shanghai IPO
BEIJING, Aug 6 (Reuters) – Chinese robot maker Yushu Technology, known as Unitree, said on Thursday that it has priced its Shanghai initial public offering at 150.8 yuan ($22.34) per share, seeking to …
China’s Unitree IPO puts global robotics race and geopolitics in focus
Peter Alexander from Z-Ben Advisors says China’s robotics industry could have a similiar growth trajectory as the EV industry that plays a major role in global markets.
China’s July exports growth likely cooled but still robust
BEIJING, Aug 6 (Reuters) – China’s export growth likely lost some steam last month after June’s blistering surge, but remained robust, a Reuters poll showed, powered by global demand for AI-related …
China’s EV Market Just Hit The Brakes After Government Cut Incentives
China’s electric vehicle market has hit an unexpected speed bump after years of rapid growth, with several of the country’s biggest automakers reporting weaker sales as government incentives are …
China’s Luxury Market Is Stabilizing—But Consumer Psychology Will Shape Its Future
After a recent downturn, the China luxury market is stabilizing, but growth remains elusive. To return to growth, luxury must align with changing consumer psychology.
China US trade restrictions explained: Why drones have become the latest battleground
China now requires government approval for drone exports to the United States. This move escalates the technology competition between the two largest economies. The United States had previously …
China’s Luxury Market Is Stabilizing—But Changing Consumer Psychology Will Shape Its Future
After a recent downturn, the China luxury market is stabilizing, but growth remains elusive. To return to growth, luxury must align with changing consumer psychology.
China’s A.I. Is Surging Across Africa. That Should Worry Silicon Valley.
In African tech hubs, developers are picking China’s cheap, freely available artificial intelligence models over more powerful U.S. ones.
