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Humanoid robots, advanced AI, and EV plants are drawing global tech professionals to China. This surge reflects China's emergence as a hub for innovation and its role in reshaping international collaboration.
China's Tiangong Ultra humanoid robot completed the 100-meter dash in 8.86 seconds at the World Humanoid Robot Games in Beijing on Tuesday, beating Usain Bolt's world record. The time improved on the robot's own 9.39-second opening-day performance and highlighted rapid advances in China's robotics sector.
A humanoid robot developed by Chinese smartphone maker Honor has run 100 meters in 9.32 seconds, breaking Usain Bolt's world record, as reported by CCTV. The robot, named Lightning, reached a top speed of 14.5 m/s during a trial event in Beijing.
Shares of Unitree, one of China's largest humanoid robot manufacturers, surged as much as 629% on their first day of trading on the Shanghai Stock Exchange on Wednesday, signaling robust investor confidence in China's tech sector. The Hangzhou-based company is raising funds to expand R&D and speed up commercialization of its humanoid robots.
Unitree Robotics' shares skyrocketed in their Shanghai debut, lifting the company's market value to about $66 billion. The IPO marks a milestone for the humanoid robot industry in China, as investors bet on rapid growth in the sector.
Chinese robotics firm Unitree has priced its Shanghai IPO at 150.8 yuan per share, targeting 6.1 billion yuan ($904 million) in proceeds. Subscriptions begin Monday, and a successful listing would make it the first humanoid robot maker on a mainland exchange.
