TMTPOST — A wave of Chinese humanoid robotics startups are launching initial public offerings to test investor appetite and accelerate the commercialization of the next phase of artificial intelligence. Leading the capital push, Unitree Robotics secured approval on Monday for a public listing in Shanghai, serving as an early indicator for a broader sector pipeline. According to recent filings, companies that have filed IPO applications include Leju Robotics and Deep Robotics, with at least 46 robotics-related companies in the pipeline in Hong Kong. While some investors remain cautious because the sector trades at about 40 times forward earnings, others see long-term growth. The accelerated listing pipeline directly aligns with Beijing's ambitions to pitch itself as the global fulcrum for "Physical AI" and advanced engineering. Financial analysts note that while valuations could temporarily run ahead of near-term earnings, the massive influx of public capital will fund foundational model development.