Chinese regulators are slowing a rush of humanoid-robot companies seeking stock-market listings as they examine whether soaring valuations and revenue linked to state-backed projects accurately reflect underlying commercial demand, people familiar with the matter told Reuters.
The move follows a volatile debut by Unitree Robotics, a maker of humanoid and quadruped robots. Its shares surged more than fivefold on their Shanghai debut last month before falling 55% from their peak, highlighting concerns over investor enthusiasm and valuations in the sector.
