Unitree's 629% Debut, Humanoid Robot Stocks | Aug 22, 2026
Unitree Robotics became the first pure-play humanoid robot maker to trade publicly, and the market lost its composure. Shares priced at 150.8 yuan opened at 1,100 on Shanghai's Star Market on August 19, spiking as much as 629% intraday and closing the first day up 487% — roughly 358 billion yuan, about 53 billion dollars, or around 210 times last year's sales and close to 1,300 times earnings. Elena walks through what "times sales" actually means, why a 10% float and 0.018% retail allocation odds make a spike almost mechanical, and why the price three months from now matters more than day…
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