Tech company, Unitree’s planned IPO among the most closely watched
A key technology stock index in Shanghai has surged 44 percent over the past year, fueling a wave of fundraising as tech companies rush to issue new shares. Among the most closely watched upcoming listings is Unitree, a robotics unicorn based in Hangzhou in eastern China. CNA’s Henry Yin and industry analysts examine Unitree’s planned IPO, and the hype driving investor interest. Editor’s Note:The story on Chinese robotics firm Unitree’s planned IPO incorrectly stated that the company was reportedly targeting US$7 billion in proceeds. The US$7 billion figure actually refers to the company’s targeted valuation, not the amount it aims to raise.
A key technology stock index in Shanghai has surged 44 percent over the past year, fueling a wave of fundraising as tech companies rush to issue new shares. Among the most closely watched upcoming listings is Unitree, a robotics unicorn based in Hangzhou in eastern China. CNA’s Henry Yin and industry analysts examine Unitree’s planned IPO, and the hype driving investor interest. Editor’s Note:The story on Chinese robotics firm Unitree’s planned IPO incorrectly stated that the company was reportedly targeting US$7 billion in proceeds. The US$7 billion figure actually refers to the company’s targeted valuation, not the amount it aims to raise.
Popular Shows
