China is reportedly slowing humanoid robot IPOs after Unitree's debut round trip
China's regulator has informally instructed humanoid robot makers to pause stock exchange listings until they show recurring revenue. At least six companies are waiting to list, and private valuations have fallen 30-50%, according to Reuters.
- CSRC requires recurring revenue and a path to reducing losses
- At least six Chinese robot companies are waiting to list
- Private valuations fell 30-50%, according to Reuters
- Unitree raised 6.1bn yuan at IPO on 19 August at a valuation of about $9bn
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