Can You Apply for the Unitree Robotics IPO From Malaysia via moomoo? Here's the Honest Answer (2026)

On 2 July 2026 China approved Unitree Robotics for a STAR Market IPO of up to RMB 4.2 billion (~US$620 million). Can a Malaysian buy in through moomoo? No — and the reason is structural, not a moomoo limitation.

What’s actually happening with the Unitree IPO

• Approved in 73 days. Filed 20 March 2026, cleared 2–3 July — among the STAR Market’s fastest.
• The raise. At least 40.45 million new shares, roughly a 10% stake, trading from late July 2026.
• The numbers are real. FY2025 revenue RMB 1.7 billion, profit near RMB 591 million; humanoids 51.5% of revenue.

So — can you subscribe to the actual IPO?

• No — and not through any broker. A-share allocation runs through a lottery for mainland Chinese brokerage accounts only.
• It needs a mainland account. No offshore account can plug into that.

Wait — can you even trade Shanghai stocks via moomoo at all?

• Ordinary Shanghai stocks: yes. SSE 180/380 blue chips reach Malaysia via Stock Connect, open to all retail investors.
• STAR Market: carved out. Since 1 February 2021 it is professional-investor only — an exchange rule, not a broker one.
• Even mainland retail is gated. RMB 500,000 in daily assets plus 24 months of trading experience.

What about Hong Kong, warrants or CBBCs?

• No Hong Kong listing yet. Founder Wang Xingxing calls it a “future consideration” — not a plan with a date.
• So no warrant and no CBBC. HKEX only lists single-stock warrants on Hong Kong-listed companies; issuers need real shares to hedge.
• The closest available proxy. HKEX warrants on China-A-share indices — diffuse, not a Unitree bet.

So what can a Malaysian investor actually do?

• Accept the IPO itself is off-limits. No route via moomoo or any other broker gets a foreign retail account into the allocation.
• Check your professional-investor status. If you already qualify for professional/institutional access on your platform, ask moomoo support directly whether Unitree will be tradeable for your account once listed and Stock-Connect-eligible — don’t assume.
• Watch for a future Hong Kong listing. If Unitree ever does a secondary HK listing — a common path for hot A-share names — that would open the door to ordinary Malaysian retail accounts.
• Get the theme, not the ticker. Humanoid-robotics exposure is available via Hong Kong- or US-listed robotics and automation names, or thematic ETFs, without fighting China’s IPO plumbing.
• Remember the AI-boom lesson. The same excitement that’s driving Unitree’s valuation is the AI-memory and chip demand we covered in the Micron & SanDisk piece — you may already have adjacent exposure through a semiconductor or tech fund.

The bottom line

Not right now, and not easily even after listing. For AI and robotics names you can actually reach: today’s trending US and Bursa stocks.

Sources & further reading

• Caixin Global — Unitree Robotics wins approval for STAR Market IPO
• South China Morning Post — Unitree clears key hurdle to Shanghai IPO
• South China Morning Post — Unitree open to a future Hong Kong listing
• moomoo Malaysia Help Centre — China A-shares market rules
• moomoo Malaysia — Bursa IPO subscription service