Chinese humanoid robot company Unitree Robotics' stock price has fallen over 40% in four days since its listing, with its market value evaporating by approximately 200 billion RMB.
Unitree Robotics debuted on the STAR Market on August 19, with an opening price of 1100 RMB on its first day of trading. As of the close on August 24, its share price had fallen to 603.08 RMB, a retreat of over 40% from its opening price on the first day, with its total market capitalization dropping to approximately 243.9 billion RMB, evaporating about 200 billion RMB in just four trading days. Market analysis suggests that the rapid decline in share price is related to the company's 219x price-to-earnings ratio for 2025, the cooling of AI trading, and founder Wang Xingxing's statement extending the commercialization cycle for humanoid robots to "2 to 3 years at the fastest, and 5 to 10 years at the slowest."
Source:华尔街见闻 · Source Link
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