NASDAQ:VVOS 5 June 2026

June 27, 2026, 9:12 PM EDT. China's AI and robotics companies, including Unitree Robotics, are preparing for initial public offerings (IPOs) on the Shanghai Stock Exchange Star Market under new rules allowing unprofitable tech firms to list. The guidelines permit AI companies with strategic technology but limited profits to access public capital. Unitree Robotics, unlike many startups, shows rapid revenue growth but faces margin pressure. These IPOs will test if private market valuations, driven by technology potential and investor expectations, hold up in public markets, which impose stricter financial discipline and benchmarking. The listings reflect a shift where public markets define valuation standards beyond private funding signals like product performance and policy relevance.