Oversubscribed 8,288 to 1: China’s Hottest IPO Hits ‘Embodied AI’ Boom
China’s humanoid robotic increase simply produced one of the vital lopsided preliminary public providing (IPO) scrambles in current reminiscence. Unitree Robotics, the Hangzhou-based robotic maker finest recognized for its dancing and martial-arts-performing humanoids, priced its Shanghai itemizing at 150.8 yuan ($22.35) per share. Retail traders responded by submitting legitimate purposes for 53.64 billion shares. Only…
