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Shanghai Stock Exchange

Major Chinese stock exchange based in Shanghai, listing large-cap and state-linked companies and hosting IPOs across sectors including tech and robotics.

Current stories

productOne report1 publisher

China's regulator is holding humanoid robot IPOs back until the revenue repeats

The Information reported that China's securities regulator is asking humanoid firms for recurring revenue and narrowing losses before they list. Exchange review materials show 73.6% of Unitree's revenue came from research and education buyers.

Publishers:thenextweb.com

Reality

Evidence56
Adoption34
Hype gap+18
Incentives55
Confidence48
buildOne report1 publisher

Chinese regulators slowed humanoid robot IPOs to test whether state-funded orders are independent sales

The scrutiny centres on revenue booked through data collection centres and joint ventures that local governments capitalised. One person familiar with the review put the valuation impact at 60 to 70 percent if that revenue is stripped out.

Publishers:mezha.net

Reality

Evidence45
Adoption28
Hype gap+25
Incentives65
Confidence50
investOne report1 publisher

One KOSDAQ IPO has raised more than a trillion won since the board opened in 1996

Celltrion Healthcare's 1.0088 trillion won in 2017 still stands alone, and Yanolja, Viva Republica and Galaxy Corporation are all pursuing US listings while KOSDAQ turnover runs at less than half January's.

Publishers:en.sedaily.com

Reality

Evidence34
Adoption
Not scored
Hype gap+28
Incentives62
Confidence38
productOne report1 publisher

660 pounds on four legs: DaxAI's robot horse is a spec that needs a slope test

The Qiji X1's rated load is 300 kilograms rounded into English units. What Beijing saw was a humanoid on the saddle and unsteady steps across a flat exhibition hall.

Reality

Evidence22
Adoption12
Hype gap+45
Incentives72
Confidence33
investOne report1 publisher

Korea's venture investment jumped 54%. One robot listing is worth eight times all of it.

AI-led ICT and bio took about 38 percent of Korea's record 8.87 trillion won half. Unitree closed its Shanghai debut up 460 percent, at an implied 1,200 times earnings.

Publishers:en.sedaily.com

Reality

Evidence60
Adoption48
Hype gap+34
Incentives66
Confidence52
investOne report1 publisher

Binance lists CXMT perps days after an $8.6B IPO, and the venue line blurs further

A USDT-settled contract on a Shanghai memory maker follows SK Hynix and Samsung onto Binance Futures. The stated motive is lost crypto volume.

Reality

Evidence24
Adoption31
Hype gap+37
Incentives66
Confidence27