Unitree Robotics, a Hangzhou-based developer of quadruped and humanoid robots, has filed for IPO counseling with the Hangzhou office of China’s securities regulator as of July 18, 2025. Citic Securities is serving as the IPO advisor, with Beijing DeHeng Law Offices providing legal counsel and RSM China handling auditing, according to filings cited by ICsmart and Yicai. Citic Securities is expected to begin its due diligence and compliance assessment in October 2025, evaluating Unitree’s IPO readiness and supporting its application process.

Foxconn’s subsidiary, Hon Chi International Investments, has announced a significant investment of US$60 million in the Oceanus Growth Fund, L.P., a private equity fund.

Nvidia’s renewed ability to sell H20 artificial intelligence chips to China following the lifting of US restrictions is driving SK Hynix to consider expanding production of advanced memory semiconductors.