🤖 The Humanoid Robot Race Is Accelerating Faster Than Most Investors Realize
Just as the AI boom created trillion-dollar opportunities in chips and cloud computing, the next wave may be physical AI.
China’s leading humanoid robot companies are now rushing toward IPOs in Shanghai and Hong Kong, signaling that the industry is moving from research labs to mass production.
Some of the names to watch include:
🔹 Unitree Robotics – Global leader in quadruped and humanoid robot deliveries, reportedly targeting a valuation of around $7 billion.
🔹 DEEP Robotics – Industrial quadrupeds and next-generation autonomous robots.
🔹 Leju Robotics – Already mass producing Kuavo humanoid robots.
🔹 EngineAI – Preparing for a Hong Kong listing with a focus on intelligent humanoid systems.
🔹 Agibot – Expected to manufacture 20,000 humanoids in 2026, one of the largest production targets announced so far.
🔹 Galbot – Already deploying robots in unmanned retail stores.
🔹 PUDU Robotics – Expanding from service robots into industrial automation.
What does this mean for U.S. investors?
The biggest winners may not be the robot manufacturers themselves, but the companies supplying the brains, eyes, and muscles.
U.S. stocks I’m watching
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$NVDA – AI computing platform powering physical AI and robotics.
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$TSLA – Optimus could become one of the world’s largest humanoid robot platforms.
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$AVGO – High-speed networking connecting millions of intelligent machines.
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$AMBA – Edge AI vision chips that allow robots to see and understand their environment.
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$SYM – Warehouse robotics already operating at commercial scale.
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$TER – Through Universal Robots, a leader in collaborative robotics.
Long-term investment thesis
The first AI revolution taught computers to think.
The next revolution will teach machines to walk, see, pick up objects, deliver packages, work in factories, stock shelves, and assist people in everyday life.
We’re moving from digital AI to embodied AI.
The companies building this ecosystem today could become the infrastructure leaders of the next decade.
The AI race is no longer happening only inside data centers—it’s stepping into the real world. 🤖🚀
China's humanoid robot companies are rushing toward IPO in Shanghai and Hong Kong.
This list will probably get a lot longer in the coming weeks and might already be out of date:
Hangzhou-based Unitree Robotics is leading the pack. The world leader in humanoid and quadruped deliveries is expected to join the tech-heavy Shanghai STAR Market in the coming months with a targeted valuation around $7 billion.
Also seeking a spot on the NASDAQ-style board is fellow Hangzhou firm DEEP Robotics, which is known for its industrial quadrupeds and its water-resistant humanoid, as well as Shenzhen’s Leju Robotics, which has started mass producing its flagship Kuavo humanoids at a factory it operates with Dongfeng Precision.
According to Bloomberg, Shenzhen-based EngineAI has confidentially filed for a public listing on the Hong Kong Stock Exchange (HKEX). If approved, it would join fellow humanoid robot makers UBTECH Robotics and Dobot, both of which are also headquartered in Shenzhen.
Other companies reportedly preparing for a Hong Kong listing include:
- Shanghai’s Agibot, which is tracking to manufacture at least 20,000 humanoids in 2026
- Beijing’s Galbot, which is known for its human-free retail stores
- Shenzhen’s PUDU Robotics, a leading mobile robot manufacturer that’s expanding into industrial automation