Unitree Robotics listed on the A-share market on August 19, opening 629.44% higher on its first day and closing at 845 yuan, up 460.34%, with a total market value of 341.8 billion yuan. It ranked 39th on the A-share market cap list and overtook Hikvision to become the most valuable listed company in Hangzhou. Driven by Unitree Robotics, the total market value of Hangzhou-listed companies reached 3.64 trillion yuan, placing the city fifth in the city market cap rankings, just behind Hefei. Earlier, after CXMT listed on July 27, the total market value of Hefei A-share companies surpassed 4.5 trillion yuan, rising to fourth nationwide. As of August 19, the number of A-share listed companies with market caps exceeding 100 billion yuan had reached 186, up 53 from 133 at the end of 2024, an increase of nearly 40%.
