A Chinese Humanoid-Robot Maker’s Shanghai IPO Surged About 500% After a New “Superman” Demo
Unitree’s shares jumped about 500% in their Shanghai Stock Exchange debut after the Hangzhou humanoid-robot maker showcased its new “Superman” model. The stock opened up as much as 629% and traded around 883.87 yuan, up from an IPO price of 150.8 yuan, putting the company’s valuation near 445 billion yuan. Unitree hit the Shanghai Stock […]
Key Takeaways
- Unitree’s shares jumped about 500% in their Shanghai Stock Exchange debut after the Hangzhou humanoid-robot maker showcased its new “Superman” model.
- The stock opened up as much as 629% and traded around 883.87 yuan, up from an IPO price of 150.8 yuan, putting the company’s valuation near 445 billion yuan.
- Unitree hit the Shanghai Stock […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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