Unitree IPO could happen as soon as next Monday in China at $9B. It's already trading at $40B+ on pre-IPO perps.
It'll be very interesting to watch what happens to U.S-listed proxies. Might catalyze a rally for the "less-ran" names.
Lines up well with $HUMN continuing to look bullish on HTF, with minor resistance ahead.
And fair warning, IPOs this year haven't been too friendly to proxies and/or the entire sector (incl. $BOT, $CCXI, $OUST, and more).
Definitely great as a catalyst pre-IPO, but we saw what happened with $CBRS, $SPCX, and $SKHY after their IPOs.
Make sure to do your own research and make your own judgement call here. I'd expect some volatility!