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Unitree soars 500% in its trading debut after recent IPO
The jump makes Unitree the second major China-linked technology IPO to rally sharply during the country’s AI boom.
New York Times Business reports that Unitree, a Chinese robot maker, jumped roughly 500% in its trading debut after completing an initial public offering in the past month.
The outlet said Unitree’s rally follows strong investor interest in technology companies tied to China’s artificial intelligence boom, with the company positioned as the second major such name to surge in the period.
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