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Unitree shares surge 600% in Shanghai debut

Chinese humanoid-robot maker Unitree rose about 600% in its Shanghai trading debut as investors competed for shares, the Financial Times and MarketWatch reported. The company became the first humanoid-robot business to list in mainland China, giving public-market investors a direct route into the country's robotics sector.

Why it matters

The extraordinary debut reflects intense investor demand for robotics exposure and sets a demanding valuation benchmark for the sector.

Sources

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