Chinese humanoid robot maker Unitree's stock surged 629% in early trading in its Shanghai debut on Wednesday, after raising ~$904M in its IPO (Bloomberg)
Unitree’s debut valued the Hangzhou robotics company at more than $50 billion after a 6.1 billion yuan IPO.
Bloomberg’s note says the shares jumped 460% in their first Shanghai session, while linked coverage said the stock rose as much as 629% intraday. Unitree raised about $904 million in the offering. The listing made it China’s first publicly traded humanoid robot maker, according to the Techmeme roundup. Techmeme's note
Bloomberg’s note says the shares jumped 460% in their first Shanghai session, while linked coverage said the stock rose as much as 629% intraday. Unitree raised about $904 million in the offering. The listing made it China’s first publicly traded humanoid robot maker, according to the Techmeme roundup. Techmeme's note
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