
DeepSeek said to prepare for Star Market IPO with CITIC Securities as tutor
The potential listing comes after China expanded the STAR Market’s so-called fifth listing standard in June to cover AI companies.

The potential listing comes after China expanded the STAR Market’s so-called fifth listing standard in June to cover AI companies.
MSCI announced on July 28 that CXMT had met the eligibility criteria, with the inclusion taking effect on August 10.

Unitree will also retain a dual-class voting structure, with founder and CEO Wang Xingxing controlling 68.78% of voting rights.

The closing price was only 1% below the opening level, with the stock trading at elevated levels throughout the session.

Based on the proposed fundraising and offering structure, the IPO implies a minimum post-listing valuation of about 42 billion yuan for Unitree.

It supplies leading Apple contract manufacturers, including Luxshare Precision and Foxconn.

Market analysts say it typically takes another two to three weeks from registration approval to listing, placing Unitree’s potential debut in early July.

If Neuracle reaches the STAR Market first, the company could establish the first public-market valuation benchmark for China’s domestic BCI industry.
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The park said it hosts 74 listed companies, with several of them having crossed the 100-billion-yuan market-cap level.

The announcement, published by the Shanghai Stock Exchange on May 25, marks the latest step in Unitree’s push toward an A-share listing.