UNITREE, THE CHINESE ROBOTICS FIRM BACKED BY DEEPSEEK, TENCENT AND STATE-OWNED GIANTS, IS GOING PUBLIC ON SHANGHAI'S STAR MARKET IN A ~$900 MILLION IPO VALUED AT ~$9 BILLION, WITH RETAIL DEMAND TOPPING 8,000X OVERSUBSCRIBED AND A WINNING RATE OF JUST 0.018%.

UNITREE, THE CHINESE ROBOTICS FIRM BACKED BY DEEPSEEK, TENCENT AND STATE-OWNED GIANTS, IS GOING PUBLIC ON SHANGHAI'S STAR MARKET IN A ~$900 MILLION IPO VALUED AT ~$9 BILLION, WITH RETAIL DEMAND TOPPING 8,000X OVERSUBSCRIBED AND A WINNING RATE OF JUST 0.018%.

Source:https://x.com/FirstSquawk/status/2086882884644982998