Person

Wang Xingxing

1. China's Unitree Robotics shares jump over 60% in under two weeks as company warns of humanoid robot risks

   Shares of Chinese robot maker Unitree Robotics, listed in Shanghai, rose more than 60% in less than two weeks, closing at 672 yuan on Monday, Oct 26, up from 405.10 yuan on Oct 15. JPMorgan raised its rating on Unitree two notches from underweight to overweight and lifted its target price from 300 yuan to 995 yuan. Founder Wang Xingxing had said a major breakthrough in embodied AI could come as early as next year, against an earlier estimate of up to a decade. Unitree also reminded investors of risks to the commercial prospects of humanoid robots, which China has made a strategic priority.

   Oct 28, 2026 Morning