Unitree shares fall 55% from peak within a month of listing
A fast post-IPO correction in a humanoid robotics leader shows lofty expectations being repriced; watch whether it spreads across the sector.
Original event 2026-09-25
Unitree, a fast-growing Chinese humanoid robot maker, has seen its shares fall 55 per cent from their peak less than a month after its blockbuster listing on Shanghai’s Nasdaq-style Star Market.
Daniel Zhang, former chairman and CEO of Alibaba and now managing partner of FirstLight Capital, said at the FutureChina Business Forum in Singapore on Friday that Unitree is a great company with a visionary entrepreneur, but no company could withstand such high expectations.
Zhang attributed the sharp fall in some Chinese humanoid robotics stocks to expectations that had become excessive. Whether the correction spreads to other names in the sector depends on upcoming trading and valuation data.