China's robot maker Unitree opens IPO subscription after strong preliminary demand

In China, robot maker Unitree opened its IPO subscription on August 10, 2026 after strong preliminary demand. It is set to become China's first humanoid robot stock. Bloomberg wrote that the Shanghai IPO was 5,526 times subscribed by retail buyers, and, separately, that Chinese humanoid makers hold 97% of global shipments.

Other economic news from China that day: Apple is reportedly testing CXMT memory chips for iPhones and MacBooks, and multiple Chinese listed firms report receiving US tariff refunds.