Unitree Technology's stock price climbs back above 500 yuan, the industrial logic behind the humanoid robot boom

Unitree Technology (688836.SH) has climbed back above 500 yuan per share, hitting an intraday high of 549.44 yuan in the morning session on October 20, with total market value surpassing 220 billion yuan, driving a broad rally across the humanoid robot sector. Catalysts include the approval and release of China's first six national standards for humanoid robots on October 15 (effective April 1, 2027), and global humanoid robot shipment data for the first half of 2026: AgiBot ranked first with about 9,700 units, Unitree Technology ranked second with over 7,000 units, and the top five were all Chinese companies, together accounting for 86.5% of the global share.