Unitree Robotics, the Chinese robotics champion founded in 2016 in Hangzhou by Wang Xingxing, is going public on the Shanghai Stock Exchange’s STAR Market with an IPO price of 150.8 yuan per share (22.3 dollars), raising 6.1 billion yuan (904 million dollars) at a valuation of 61 billion yuan (9.04 billion dollars). The company, which has delivered over 30,000 quadruped robots and 5,500 humanoid robots since 2022, will be listed under ticker 688836 starting the week of August 17-21, 2026. French retail investors will not be able to purchase the shares directly at the IPO, as the STAR Market is an A-shares market inaccessible to foreign retail investors through standard brokers. While waiting for a potential dual listing in Hong Kong, possible alternatives include buying UBTech shares on Trade Republic or investing in robotics ETFs such as the iShares Automation & Robotics UCITS ETF or the ARK Autonomous Technology & Robotics ETF available on eToro.
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