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Unitree Lists on Shanghai’s STAR Market
Chinese robotics company Unitree Robotics listed on the Shanghai Stock Exchange’s STAR Market on the 19th, Benzinga reported.
What happened
According to Benzinga, Unitree Robotics shares briefly rose 629% from their offering price of 150.80 yuan to open at 1,100 yuan on their first day of trading. Its market capitalization reached about 445 billion yuan before the shares pared some gains and traded at around 883.9 yuan near noon.
Sources
Translated from the Japanese original: /news/unitree-shanhai-joujou-shonichi-ni-kabuka-629-joushou-jika-s-008ecc. The Japanese version is authoritative if they differ.