Investor hype over Chinese robotics stocks is giving way to deepening unease, with the latest government warning against a potential bubble bringing fresh scrutiny to the sector’s lofty valuations.
The Solactive China Humanoid Robotics Index surged nearly 60% this year to an October high, thanks to an earlier wave of bullish bets driven by supportive policies and viral clips of dancing, kickboxing, and racing humanoid robots. The sector, which blends China’s AI prowess and manufacturing strength, formed a core part of Beijing’s push to cultivate strategic industries.