Humanoid robots are no longer appealing? UNITREE Technology's capital hype has led to a halving of its stock price, raising concerns about a bubble

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As a humanoid robot concept stock, UNITREE's stock price has halved to 550 yuan just 11 trading days after its listing, with a market value evaporating by over 220 billion yuan. Despite the high industry enthusiasm and many companies accelerating their layouts, the sharp decline in stock price has raised market concerns about a bubble and discussions on whether this sector still holds attractiveness

The mainland's "first humanoid robot stock," UNITREE Technology, saw its stock price halve from the first-day high of RMB 1,100 (same unit below) to around RMB 550 within just 11 trading days after its listing on the A-share market, resulting in a market value evaporation of over RMB 220 billion. Once highly favored by the capital market, the humanoid robot's stock price has taken a sharp turn; on the other hand, many robot companies in mainland China are still accelerating mass production, shipments, and financing layouts. When there is a discrepancy between industry enthusiasm and stock price performance, is the humanoid robot, once regarded as the next windfall of AI, no longer so "attractive"? What are the underlying reasons?

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