Only 1 in 5,500 gets Chinese robot maker Unitree's shares as IPO oversubscribed 8,000x

China's Unitree Robotics saw huge demand for its IPO, with the retail portion oversubscribed 8,289 times before allocation adjustments. After a clawback, the final winning rate fell to just 0.0181%, meaning only around one in 5,525 applicants received shares. The humanoid robot maker is seeking to list at a valuation of over 60 billion yuan (around ₹84,800 crore).