Pins matching date:2026-08-19

Shares in China's best-known humanoid maker opened at 1,100 yuan on Shanghai's STAR Market, 629% above the 150.8-yuan offer price, valuing Unitree at about 445 billion yuan (US$66 billion). Some 9.8 million retail accounts had chased 9.7 million shares.

The U.S. District Court for the Central District of California denied California's bid to suspend a Defense Production Act order requiring operation of Sable Offshore's Santa Ynez Pipeline, holding the federal order lawfully preempts state efforts to shut it down. The court also shifted pipeline safety oversight under the consent decree from California's Office of the State Fire Marshal to the federal Pipeline and Hazardous Materials Safety Administration.