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Unitree surges over 600% in Shanghai debut
Chinese humanoid robot maker Unitree surged over 600% in its Shanghai debut.
What happened
Unitree's shares surged over 600% in their trading debut on Shanghai's STAR Market, according to Reuters. The company raised about 6.1 billion yuan ($905 million) in its IPO, which was oversubscribed more than 8,000 times.
Sources
Translated from the Japanese original: /news/unitree-shanhai-joujou-de-hatsune-600-chou-joushou-choutatsu-847c5e. The Japanese version is authoritative if they differ.