- China is positioning itself as the global hub for the next wave of AI and robotics, with a big IPO rush — Unitree got Shanghai listing approval and Hong Kong has dozens of robotics firms queued up.
- The hype is fueled by flashy demos (Unitree’s martial‑arts robots) and high‑profile partnerships like Nvidia working with Chinese humanoid makers on reference robots.
- Investors are torn: big early gains and state backing versus lofty valuations, cash‑burning firms and the risk of a sharp correction.
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