On Aug. 11, Unitree Technology's pre-IPO perpetual contract on Trade.xyz recovered to $86.1, up 3.32% in 24 hours, implying a post-listing market capitalization of roughly $34.8 billion (234.7 billion yuan). The company's IPO price was set at 150.8 yuan per share, pointing to an expected first-day subscription return of 3.84 times. Unitree plans to issue 40.4464 million new shares on the STAR Market, accounting for 10% of total post-offering share capital. Each lot consists of 500 shares, with an estimated payment of 75,000 yuan per lot. At Trade.xyz's current pricing, 500 shares are valued at 290,000 yuan, leaving an estimated profit of about 215,000 yuan per lot after deducting the subscription payment. The final allotment numbers were published today: 19,414 winning lot numbers in total, each entitling the holder to subscribe to 500 Unitree A shares. These figures give investors a clear view of the deal's economics, from valuation and subscription cost to expected profit. All eyes are now on the first trading day, where the actual open price will determine whether the estimated 3.84x gain materializes.

A weaker-than-expected U.S. July nonfarm payrolls report reset rate expectations and helped drive a broad risk rally, while traders also turned their attention to the next inflation print. Payrolls fell by 23,000 versus expectations for an 80,000 gain, and prior months were revised lower by a combined 103,000. After the release, the market cut the implied probability of a September Federal Reserve rate hike from about 55% to 40%, while the Dow Jones Industrial Average, Nasdaq and S&P 500 all rose, with the S&P 500 closing at another record. At the same time, geopolitical tension tied to U.S.-Iran talks and shipping routes in the Strait of Hormuz added a fresh premium to crude. Brent briefly rose more than 2% above $84 and WTI traded near $78. Gold extended its rally, rising 2.3% on Friday, topping $4,300 and briefly moving above $4,370, while global gold ETF holdings increased by 24 tonnes since July 20. Inside the AI complex, leadership shifted again. Optical names such as Coherent, AAOI, Credo and Lumentum outperformed, while memory and storage names including Seagate, Western Digital, SanDisk, SK Hynix and Micron lagged. Goldman Sachs trader Peter Callahan described the move as a structural revaluation within AI infrastructure, with optical hardware, software and network demand gaining traction as investors reassess where AI spending is showing up first.

The long-delayed third-phase expansion of the Longtan Science Park has been revived after more than two years of setbacks tied to land expropriation disputes. According to ABMedia, citing a Liberty Times report, local sentiment in Longtan shifted after residents saw the economic spillover created by Taiwan Semiconductor Manufacturing Co. (TSMC) plants in southern Taiwan, including Tainan, Kaohsiung, and Chiayi. Supply chain sources said TSMC is planning three facilities for the site: two 1.4 nm wafer fabs and one panel-level packaging, or PLP, plant. The project was originally designed to cover 158.59 hectares, with 88% of the land privately owned, triggering strong opposition and organized protests. TSMC later announced on Oct. 17, 2023 that it would abandon its Longtan plant plan. Since then, the project scope has been revised several times, first to 89.63 hectares in 2024 and later to 104.19 hectares, of which about 46 hectares are designated for industrial use. Taiwan’s National Science and Technology Council said the expansion plan passed review by the Science Park Review Committee in May and was submitted to the Executive Yuan in June. Under the current timetable, land acquisition is targeted for completion by the end of 2029, with public infrastructure construction scheduled to begin in 2030.

Unitree Technology's online and offline subscription runs Aug 10, with payment due Aug 12. The online subscription code is 787836, while the security code and offline subscription code are both 688836. Winning allotments will be announced Aug 12, and investors must pay by then. Each lot is 500 shares, with an expected payment of about 75,400 yuan.

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.

Unitree Technology will open subscription for its STAR Market IPO on Aug. 10, BlockBeats reported. Pre-IPO perpetual contracts on Trade.xyz last traded at $87.525 — about 590 yuan, or roughly 3.91 times the company's 150.8 yuan per-share offer price. Applied to around 404 million shares outstanding after the offering, that implies a market capitalization of about $35.4 billion, or 238.7 billion yuan. The offering consists of 40.4464 million shares, equal to 10% of post-issuance total share capital. A standard lot covers 500 shares, requiring a subscription payment of about 75,400 yuan. At Trade.xyz's latest quote, a 500-share lot would be worth roughly 295,000 yuan. After deducting the subscription payment, potential profit per lot lands near 219,600 yuan — about 220,000 yuan. That translates to a potential return of approximately 291% on the subscription amount, consistent with the pre-IPO contract trading at 3.91 times the offer price.

Police in Dongguan's Hengli town activated an early-warning interception mechanism five minutes before a victim was due to complete an offline cash handover with fraudsters, then rushed officers to a bank to stop the transaction. The intervention prevented a woman surnamed Li from handing over 1.1 million yuan in cash. Li had met a stranger online, who lured her with a purported "internal virtual currency investment channel" promising low entry thresholds and high returns. The scammer faked profit screenshots to make the investments look profitable, then used a need for an offline "USD top-up via cash exchange" as a pretext to induce Li to withdraw cash.

Police in Dongguan's Hengli district have stopped a virtual currency investment scam, recovering 1.1 million yuan in cash just five minutes before the victim was due to hand it over offline, according to the Dongguan Fabu WeChat account. The victim, identified only as Ms. Li, was approached by a stranger online who promoted a so-called 'internal channel' for virtual currency investment, promising low barriers to entry and high returns. The suspect reinforced the pitch with forged profit screenshots to make the scheme look credible. After winning her trust, the fraudster said Li would need to exchange cash into US dollars offline, and persuaded her to withdraw 1.1 million yuan for delivery. Police spotted the risk signals, activated an early-warning interception mechanism, and dispatched officers to the bank to intervene. The cash was stopped before the exchange took place, averting a major loss for the victim.