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Chinese robot manufacturer Unitree rises 460% in debut on Chinese Nasdaq
Chinese company Unitree has raised 6.099 billion yuan in its stock market debut, marked by a remarkable increase of 460%.
The Chinese robot manufacturer Unitree saw a 460% increase by the close of its first session on the Chinese Nasdaq. According to Expansión, the company raised 6.099 billion yuan, approximately 781 million euros, by selling 40.44 million shares, which represent around 10% of its capital.
The significant rise in Unitree's debut has captured the market's attention, marking a strong start for the company in its new stock market environment. Both Infobae and Expansión have reported on the notable increase in its shares.