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Unitree Robotics priced its Shanghai STAR Market IPO at a valuation of approximately $9 billion, making it the world's first mainland-listed humanoid robot manufacturer. The Hangzhou-based company sold 40.45 million new shares at 150.8 yuan ($22.34) each, raising about 6.1 billion yuan ($900 million) to develop new hardware, software, and expand manufacturing capacity. This isn't just another tech listing—it's a valuation benchmark for China's booming embodied-AI sector, backed...
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