Unitree Robotics Shares Soar Over 600% in Shanghai Stock Market Debut
Chinese robotics company Unitree Robotics saw its shares surge by over 600% on its Shanghai stock market debut, reaching a valuation of up to US$66 billion. The company, known for its humanoid and robot dog technology, experienced a significant pop in its trading debut.
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Chinese robotics giant Unitree soars in stock market debut
Shares in the world's biggest humanoid robot maker started trading on Shanghai's Star market on Wednesday.
Read full article →China’s backflipping robot maker Unitree pops 542% in Shanghai debut
Unitree Robotics shares rise 542% on their first day of trading in Shanghai
Read full article →Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut
Shares of Unitree Robotics surged 629 per cent above their initial public offering price to open at 1,100 yuan in their Shanghai trading debut on Wednesday, giving China’s best-known humanoid robot maker a market capitalisation of about 445 billion yuan (US$66 billion). The opening pop from its IPO price of 150.80 yuan was followed by a pullback, with the stock dropping below 900 yuan per share in early morning trading. Unitree’s debut coincides with the opening of the World Robot Conference ...
By Wency Chen
Read full article →How China Leveraged US Funding To Turn Robot Dogs Into $9 Billion Business
Unitree sold more than 5,500 humanoids and 18,000 quadrupeds last year, company filings show, and it's now valued at about $9 billion ahead of its stock market debut on Wednesday.
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