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Unitree Rockets on Chinese Stock Market | Business and Finance News
Description
Unitree, China’s top humanoid robot maker, just went public in Shanghai with a wild 629% stock surge—showcasing massive investor confidence in China’s robotics boom. Raised nearly $904M at a $150.80/share price, the company’s IPO funds will fuel R&D and manufacturing, making it the first humanoid robotics firm ever listed on mainland China’s stock market. While dazzling demos like martial arts flips light up global stages, real-world industrial adoption remains unproven. A U.S. ban on new foreign-made humanoid robots could hit future sales, though older models still slip through for now.
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