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Home›Global Markets›China›Unitree Robotics shares surge 542% in Shanghai debut

Unitree Robotics shares surge 542% in Shanghai debut

The stock jumped 542% on its first day of trading in Shanghai, marking a blockbuster start for the backflipping robot maker.

Reported · Written up by our desk · China

CNBC Markets reports that Unitree Robotics started trading in Shanghai with a major price surge on its debut.

In its first day of trading, the company’s shares jumped 542%.

The move highlights how investors are pricing in early expectations for China’s robotics sector as the new listing begins to trade.

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Sources

CNBC MarketsChina’s backflipping robot maker Unitree pops 542% in Shanghai debut
CNBC WorldChina’s backflipping robot maker Unitree pops 542% in Shanghai debut

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