In September, over 2,700 listed companies received institutional research, a sharp increase from August. Institutions showed growing interest in small-cap stocks under 10 billion yuan, particularly in machinery, electronics, and basic chemicals.
Faraday Future plans to spin off its robotics unit for an independent listing at a valuation of $200 million, while its automotive business will upgrade to become a shared mobility and smart cabin technology operator.
Unitree Robotics' market value has fallen from 444.9 billion yuan on its trading debut to 203.6 billion yuan. First-half 2026 revenue rose 48.54% year on year, but non-recurring-adjusted net profit dropped 19.34%.
MeiKaManDe Robotics (09615.HK) announced that the stabilization period for its global offering ended on September 26, 2026, and the over-allotment option has lapsed.
Fangqi Technology, founded by a post-95 Tsinghua PhD who left Tencent, has raised a tens-of-millions-yuan angel round to build a general robot brain. The company proposes a semantic world model and Turing learning paradigm to enable cross-embodiment skills, aiming to become a skill exchange for robot body makers.