Chinese robotics firm Unitree, known as the 'first humanoid robot stock' on the A-share market, has started its IPO subscription on the STAR Market, according to Jiemian News. The small float and 'first stock' halo have led brokerages to predict an allotment rate of 0.02%–0.03%, well below Changxin Technology's 0.47%. Data show A-share IPOs in 2026 have averaged a 276.04% gain on debut. If that holds, one lot of Unitree could see paper profits above 200,000 yuan. Alternatively, using the STAR Market's average first-day gain of 466.61%, per-lot profits could reach 351,800 yuan. The subscription opened on August 10.
PANews, August 10 – Chinese robotics firm Unitree, billed as the "first humanoid robot stock" on the A-share market, has kicked off its subscription on the STAR Market, according to Jiemian News. The offering's relatively small float, coupled with its "first stock" label, has led multiple brokerages to estimate the allotment probability at roughly 0.02% to 0.03% — far below Changxin Technology's 0.47%.
Potential per-lot gains
Data show the average first-day gain for A-share IPOs in 2026 so far is 276.04%. At that level, one lot of Unitree could generate paper profits exceeding 200,000 yuan. Meanwhile, if measured against the 466.61% average first-day gain for STAR Market IPOs this year, per-lot profit could reach 351,800 yuan.
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