China’s humanoid-robot maker Unitree has fallen about 45% from its post-IPO peak after shares jumped 460% on their Shanghai debut last week.
The stock briefly valued Unitree at $66 billion, despite adjusted net profit falling 53% to 40 million yuan ($5.95 million) in early 2026.
The sharp reversal has raised concerns over AI/robotics speculation, IPO pricing and retail-investor losses in China. Analysts say limited short-selling and strong demand for strategic technology stocks can amplify price bubbles.
Unitree’s debut may also serve as a warning for other Chinese robotics companies preparing to list.
