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From chasing robots to chasing profits: the numbers moving markets
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Judy XuePublished: 4:00pm, 14 Aug 2026
While Chinese investors chased Unitree Robotics amid the frenzy for robotics stocks, the market this week also focused on the implications of July’s US inflation rate, the gold price trend and the interim results of CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing’s family.
Unitree’s retail subscription rate of 0.0181%
Millions of retail investors in China rushed to subscribe to Unitree Robotics on Monday, as nearly 9.8 million trading accounts competed for 9.7 million shares, yielding an online allocation rate of just 0.0181 per cent – or roughly one winning lot per 5,500 applicants.
The slim subscription odds for the Hangzhou-based maker of embodied artificial intelligence hardware undercut those of other recent tech debuts, including memory-chip maker ChangXin Memory Technologies (CXMT) 0.47 per cent rate in July.
Unitree raised 6.1 billion yuan (US$904 million) at 150.80 yuan a share, giving the robotics pioneer a valuation of 60.99 billion yuan.
Real estate drops to 7th on priority list of affluent Hongkongers
Real estate is no longer among the top life goals of most rich Hongkongers as travel emerges as a form of investment, a Standard Chartered survey showed this week.
Only 24 per cent of affluent residents with at least HK$1 million (US$127,449) in investible assets cited home ownership as a key life goal, placing it seventh. Immersive travel took second place at 48 per cent – trailing only early retirement at 49 per cent – with high-net-worth respondents (those with investible assets of HK$7.8 million or more) budgeting an average of HK$345,000 for travel this year.
US$4,449: gold price hits a nine-week high
Spot gold rallied from US$4,409 an ounce on Tuesday to hit an intraday high of US$4,449 on Thursday, marking its highest level in nine weeks before closing 1.3 per cent lower at US$4,351.
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