#宇树科技上市首日大涨629%
If you're not shorting now, when will you? A bubble stock on the A-shares market, a remote-controlled toy company—there's no way it won't fall. One winning IPO allocation earns more than ¥400,000; wouldn't you dump it and lock in the gains for the New Year?
Unitree $UNITREE surged 629% on its first trading day: opening at ¥1,100, with its market cap nearing ¥450 billion, but...
On its first trading day, the robotics sector saw the largest capital inflow, but it was only ¥500 million
Across the entire sector, everything except Unitree was in the red—I'm speechless
I was calling on everyone to short it early this morning. I felt this thing couldn't sustain this price. It has already pulled back, and sure enough, it failed to break higher
Unitree Technology officially debuted on the STAR Market, surging 629.44% from its offering price of ¥150.80. Based on the total share capital after issuance, the company's market cap has already climbed to approximately ¥444.9 billion. Unitree's IPO raised approximately ¥6.1 billion, while retail subscriptions before listing exceeded 8,000 times, setting a record for the SSE STAR Market. The market had already bet on a major surge before the listing, but its first-day performance still significantly exceeded off-market expectations.
Where can you short it? Of course, Gate! Look here, I'm already short—do as you please: https://gate.com/zh/futures/USDT/UNITREE_USDT/?ref=VgJCUQ

‍What does #宇树科技 's listing mean for the crypto market?
Tomorrow is not only the Qixi Festival but also an important day for the A-share and even global markets: Unitree Robotics will officially list on the STAR Market.
With an offering price of 150.8 yuan and an estimated post-listing market capitalization of approximately ¥61 billion, this listing is in itself a major market event, as Unitree is one of the most closely watched companies in the humanoid robotics sector.
Compared with ChangXin's listing, there are clearly far fewer bearish voices this time. However, there are still differences between Unitree and ChangXin.
First, current performance is a major weakness for robotics. Although robotics has stronger long-term logic than AI, robots currently have no way to enter the consumer market and remain a highly cash-burning R&D project for now. ChangXin, meanwhile, already has a mature monetization system and strong market demand.
What does Unitree's listing have to do with the crypto market?
First, it could further ignite the AI + robotics narrative. In the past, the crypto market's AI speculation focused more on AI Agents, computing power, models, and other areas.
But AI is now moving from the “digital world” into the “real world.”
AI is responsible for thinking, while robots are responsible for execution.
This is making “AI + Robotics” a new narrative and further strengthening this investment logic.
If Unitree performs very strongly after listing tomorrow and the market assigns humanoid robotics higher valuations, capital is likely to continue seeking out related assets such as robotics, AI Agents, and embodied intelligence. The crypto market is particularly good at picking up on hot trends and amplifying them.
If Unitree opens high but falls afterward, with the robotics sector surging before retreating, this narrative could also decline as the positive catalyst is priced in.
Although Unitree's listing provides a new imaginative catalyst for the crypto market's robotics narrative, it still depends on whether capital is willing to buy into it.
Tomorrow, we will watch Unitree's listing performance and see whether it drives the crypto market's AI sector, as well as whether the robotics sector sees a simultaneous increase in trading volume.
Having speculative interest is the most basic requirement. The most crucial question is whether the market has capital to validate it, whether there is trading volume, and whether there is market consensus.