Unitree Robotics, described in the source report as the first humanoid robotics stock to list on China’s A-share market, is set to begin trading today on the STAR Market of the Shanghai Stock Exchange under ticker 688836.SH. Before the formal listing, pricing on Trade.xyz showed a sharp move in the company’s Pre-IPO perpetual contract. As of publication, the contract had climbed more than 17% within 10 minutes to $112.5, or about 758 yuan. Based on that quoted level, the company’s implied post-listing market capitalization was about $45.5 billion, equivalent to roughly 306.7 billion yuan. The move was reported by BlockBeats on Aug. 19. No additional details on trading volume or contract mechanics were provided in the source material.
Unitree Robotics (688836.SH) is set to officially list on China’s A-share market today, joining the STAR Market of the Shanghai Stock Exchange.
As of publication, Unitree’s Pre-IPO perpetual contract on Trade.xyz had risen more than 17% in 10 minutes to $112.5, or about 758 yuan.
At that price, the company’s implied market capitalization after listing was about $45.5 billion, equivalent to roughly 306.7 billion yuan.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
