HONG KONG/SHANGHAI, Aug 25 (Reuters) - A roughly 45% slump in the shares of Unitree, China's best-known humanoid robot maker, since a more than fivefold jump on its Shanghai debut has triggered concerns about bubble risk,

Unitree's IPO is a massive success so far, with the price up 487% on market close. That means Agility Robotics public launch as part of a SPAC looks incredibly cheap.

Shares in Unitree, a Chinese robotics company known for its dancing and backflipping humanoid robots, soared as much as 629% in its trading debut.

The Hangzhou-based startup, founded in 2016, has quickly become something akin to a national champion in China's robotics sector.

The Hangzhou-based humanoid robot maker closed at 845 yuan on Wednesday, giving it a market value of around $50 billion

A Hyperliquid perp priced Unitree far above its IPO valuation before Shanghai trading began, but the robot maker’s first public trade still opened roughly 75% above crypto traders’ implied price.

Unitree founder Wang Xingxing says humanoid robots could take up to 10 years to reach a breakthrough comparable to ChatGPT.

The Shanghai trading debut of Unitree caused a major stir this week. Here’s how US investors can get involved in robotics.

Shares of Unitree, one of China's largest humanoid robot makers, have soared as much as 629% in its public stock trading debut in Shanghai.

Unitree’s stock has gone from the hottest debut in Shanghai to one of the clearest tests of China’s humanoid-robot boom in less than a week. Shares of the Hangzhou-based company have fallen about 45% from their 1,100 yuan intraday peak on August 19, wiping more than 200 billion yuan from its market value.

Unitree CEO Wang Xingxing acknowledges that humanoid robots struggle to adapt to unfamiliar environments, requiring retraining for new tasks and falling short of human efficiency.