On August 19th, Unitree Robotics made its debut on the STAR Market, closing at RMB 845 per share on its first trading day. This represented a remarkable surge of 460.34%, propelling its market capitalization to over RMB 340 billion. Based on this closing price, over ten securities firms that had made early equity investments are likely to have accrued floating profits exceeding RMB 3 billion, with CITIC Securities and other firms enjoying substantial gains. Furthermore, the proprietary accounts of 23 securities firms participated in offline subscriptions for new shares, potentially realizing floating profits exceeding RMB 1 million on the very first day. However, five securities firms were left out due to improper pricing strategies, thus missing out on the first-day windfall.
