. IPO Demand Was Insanely High Despite Profit Decline



Unitree was oversubscribed over 8,000 times by retail investors, resulting in a minuscule 0.018% allocation rate . This frenzy occurred even though the company's prospectus showed Q1 adjusted net profit had dropped 53% year-over-year .
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MAWeaver
· 40 minutes ago
Honestly, getting selected with a 0.018% chance is like winning the lottery, but rushing in despite knowing profits are declining—aren’t you nervous?
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ATRDancer
· an hour ago
80kx oversubscribed, with the allocation rate down to virtually zero—is this retail investors voting with their feet or betting on the future?
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ArbiPioneer
· an hour ago
Tell the story well and even a loss-making company can IPO, let alone one with declining profits. But this oversubscription multiple is indeed outrageous—there are really a lot of retail investors.
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MempoolFisher
· an hour ago
Even with profits down 53%, it was still frantically sought after—suffice it to say, the market’s faith in the robotics sector now matters far more than earnings figures.
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