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Unitree Robotics shares jump 17%, market value hits $30b
Unitree Robotics rose more than 17% intraday on October 19 and closed at 495.92 yuan (US$74), bringing the Hangzhou-based robotics company’s market value back to 200 billion yuan (US$29.9 billion).
The company, which focuses on quadruped and humanoid robots, will hold its 2026 World Physical AI Conference and Unitree Partner Ecosystem Conference on October 22.
The event is expected to include more than 3,000 guests and over 40 exhibition zones.
Unitree reported first-half 2026 revenue of 1.2 billion yuan (US$172 million).
Net profit attributable to the parent company was 274 million yuan (US$41 million).
Separately, China’s Ministry of Commerce and eight other departments issued guidance on October 19 to promote embodied intelligence in commerce.
China’s first six national standards for humanoid robots will take effect on April 1, 2027.
🔗 Source: Cailianshe
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