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Unitree Robotics shares surge 542% on Shanghai debut

Unitree Robotics’ shares jump 542% in early Shanghai trading after the Chinese humanoid robot maker’s stock market debut, with the IPO raising about 6.1B yuan ($905M).

Unitree Robotics shares rose 542% in early trading Wednesday as the Chinese humanoid Robot maker made its stock market debut in Shanghai. 1B yuan ($905M) in its IPO, according to its prospectus. 1 yuan apiece, after hitting as high as 1,100 yuan earlier. CNBC