What happened during Unitree Robotics’ Shanghai Star Market debut on August 19, 2026—including its IPO price, opening and closing share prices, percentage gains, resulting market capitalisations, trading volume, founder Wang Xingxing’s estimated wealth, Meituan’s stake and return

Unitree’s August 19 STAR Market debut was an exceptional first-day surge: it opened at ¥1,100 and finished at ¥845, well above its ¥150.80 IPO price. The offering raised about ¥6.1 billion ($904 million), making it mainland China’s first listed humanoid-robot maker.

Trading and valuation

• IPO price: ¥150.80 per share.
• Opening: ¥1,100, a 629.44% increase from the offer price, implying a peak market capitalisation of roughly ¥445 billion (about $66 billion).
• Close: ¥845, up 460.34% on the IPO price; this implies a closing market capitalisation of about ¥341.8 billion (roughly $50 billion).
• The evidence supplied does not give a verified first-day trading-volume figure; insufficient evidence to state one.
• The debut was part of a wider investor enthusiasm for Chinese robotics, with Reuters characterising it as a near-sixfold market debut.

Founder and Meituan

• The supplied evidence confirms Wang Xingxing founded Unitree in 2016, but does not provide a reliably sourced estimate of his post-listing net worth; insufficient evidence to quantify it.
• Likewise, the supplied material contains no verifiable figures for Meituan’s ownership stake or its exact paper gain/return; insufficient evidence to state either.

Market context and World Robot Conference

• The listing coincided with the opening of the World Robot Conference in Beijing, where Chinese companies demonstrated humanoid robots undertaking tasks such as parcel sorting, phone packing and household chores.
• The provided evidence does not supply verified performance data for the broader Shanghai or Chinese equity market on August 19; insufficient evidence to quantify it.
• Unitree’s shares opened down 11% the next day, underscoring the volatility following the debut surge.

Offer structure and pre-listing valuation

• Unitree raised ¥6.1 billion ($904 million) in the IPO, described as oversubscribed; another report cited approximately $905 million.
• The supplied evidence does not reliably state the number of shares sold, the exact post-offering ownership percentage represented by those shares, or the company’s pre-trading valuation. The only directly supportable valuation figures are the approximate ¥445 billion at the opening and ¥341.8 billion at the close.