Unitree IPO Draws 9.8 Million Retail Applicants at 1-in-5,500 Odds as China’s Humanoid Frenzy Peaks
Nearly 9.8 million retail accounts applied for Unitree’s Shanghai STAR Market IPO on Monday, with valid online subscriptions reaching 8,289 times the initial retail allocation, producing a final allocation rate of 0.018% – roughly one winning lot for every 5,500 applications.