China is slowing the rush of humanoid robot companies to go public. This was reported by Qazaqyia.kz citing Reuters.
According to Reuters, the gap between market hype and actual technological capabilities has led Chinese regulators to slow down the stock market listings of companies in the humanoid robot sector.
Humanoid robots are robots that walk on two legs and have a human-like body structure. In recent years, investor interest in the sector has grown, and many startups have sought to raise funding. However, the actual product and scope of commercial application remain limited.
China's regulatory bodies are exercising caution regarding IPOs based on technological hype. This move is aimed at maintaining market stability and protecting investors from unreasonable risks.
According to experts, humanoid robot technology is still at the development stage. It may take several years before mass production and household use become possible. As a result, there is a mismatch between companies' market valuations and their actual revenue sources.
The Chinese government has previously imposed strict controls on speculative activities in the technology sector. Slowing IPOs in the humanoid robot sector is seen as a continuation of this policy.