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Unitree debuts on the Shanghai Stock Exchange with a leap of 629%
Chinese humanoid robot startup, Unitree, recorded a remarkable stock market debut with a valuation of $66 billion.
Unitree's debut on the stock market, a Chinese startup specializing in humanoid robots, surprised investors with an increase of 629%.
The company, which recently unveiled its new robot 'Superman', closed the session at a price of 845 yuan per share on the Shanghai market.
Unitree's market capitalization now amounts to $66 billion, highlighting the growing interest in the robotics sector in China.
This success also reflects Beijing's strategic priorities, as it increasingly invests in the technology and robotics sector.