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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.
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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