Aktien: 600 Prozent Kursplus bei Unitree – was steckt hinter Chinas neuem Börsenrausch?

China's stocks are experiencing a comeback, with the shares of Chinese robot manufacturer Unitree surging by around 630 percent upon their debut in Shanghai on Wednesday morning. The initial share price was 150.80 Yuan, while the trading price shortly after launched at 1100 Yuan. By midmorning Chinese time, the price had fallen below 900 Yuan.

Unitree, the first humanoid robot manufacturer listed on the mainland Chinese stock market, raised 6.1 billion Yuan (around 783 million Euros) on its Borsingang. Over 40.4 million shares were sold in total, with private investors outbidding by 5526 times - 8000 times in other media reports. This boom is not a typical frenzy, but a politically controlled and selective surge.

Influenced by state and regulation, only a select few get access to fresh capital. China's centralized planning emphasizes embodied AI (AI embodied in robots) as one of the fastest-growing markets. The government drives this boom as part of its five-year plan for 2026-2030. Unitree, exemplifying this, is seen as a flagship for the industry, which is now making waves on the stock market.

The company, registered as Yushu Technology in China, was founded by Wang Xingxing in Hangzhou, a tech hub. Wang studied in Hangzhou and Shanghai. The company's rise was highlighted by a visit from German Chancellor Friedrich Merz in February. Unitree is one of the "six small dragons" among emerging tech companies from Zhejiang province, along with the global AI startup Deepseek, an investor in Unitree.

Analysts predict the global robotics market could reach $2.5 trillion in 2035, 25 times its current level. In Beijing, the "World Robot Conference" began on Wednesday, showcasing over 300 developers' latest products. Unitree is a pioneer in the Börse, while Shanghai-based competitor Agibot also aims for the stock market, but in Hong Kong.

Another Chinese robot company, Agibot, plans a listing in Hong Kong to avoid Beijing's scrutiny and potential delisting due to US geopolitical tensions. Politically driven, the surge favors companies listed on mainland exchanges, as the state can steer capital allocation. Financing for strategic sectors, like robotics, is prioritized under the new five-year plan.