42 billion market cap? The first Chinese robotics stock is coming. Unitree Robotics, the robotics company that has performed multiple times on the Spring Festival Gala, has had its IPO application officially accepted by the Shanghai Stock Exchange. They plan to raise 4.2 billion RMB, approximately 600 million USD. Since at least 10% of the shares will be publicly floated, the initial market cap will be no less than 42 billion RMB, roughly 6 billion USD.