Unitree Robotics surges 629% to US$66 billion valuation in Shanghai share debut
Culture Index
Score Breakdown
Relevance
14/25
Freshness
25/25
Authority
18/20
Brand Signal
9/15
Depth
6/15
5-Axis Cultural Radar
Shares of Unitree Robotics surged 629 per cent above their initial public offering price to open at 1,100 yuan in their Shanghai trading debut on Wednesday, giving China’s best-known humanoid robot maker a market capitalisation of about 445 billion yuan (US$66 billion). The opening pop from its IPO price of 150.80 yuan was followed by a pullback in morning trading, with the stock settling at 883.9
