From pitch deck to line: giants cross into embodied AI

Unitree, the “first humanoid-robot stock”, set its IPO price at RMB 150.8 per share with a price-to-earnings multiple of 219.23x, far above the 38.56x industry average, throwing more fuel on the embodied-AI boom. Over the past three months, giants on both sides of the Pacific have been heating the sector too. Tesla installs its first-generation … Read more

China July: Leapmotor tops Great Wall and Chery at home

When July sales landed, one line stood out. Leapmotor delivered 101,300 vehicles globally in July 2026, up 102 per cent year on year and its first month above 100,000. Its overseas sales were 17,000-plus, implying roughly 84,300 domestic deliveries. Leapmotor publishes July 2026 delivery figures. (Source: chedongxi) Leapmotor July global deliveries pass 100,000. (Source: chedongxi) … Read more

Momenta’s HK$5.89bn IPO: a physical-AI bet, not just ADAS

Momenta listed on the Hong Kong Stock Exchange on 8 July 2026, raising HK$5.89 billion in its initial public offering. Fourteen cornerstone investors, including Singapore’s GIC, Fidelity, Mercedes-Benz and BYD, took up nearly half the shares on offer, an unusual line-up that put a German luxury brand, a Chinese EV leader and a sovereign fund … Read more