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, retail investor losses and flaws in the IPO system.
The wild swings in Unitree's valuation - soaring to $66 billion at one point and later plunging by $30 billion - have led to questions about whether enthusiasm for AI and robotics has outpaced fundamentals.
