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Unitree Surges in Shanghai Debut

Shares in humanoid robot maker Unitree rose significantly during their Shanghai trading debut. The successful public offering valued the company at fifty billion dollars amid strong domestic backing.

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FILE PHOTO: Children stand near Unitree's humanoid robots on display at a Unitree store in Beijing, China August 10, 2026. REUTERS/Tingshu Wang/File Photo

Shares in Unitree surged 460% in their Shanghai trading debut on Wednesday morning, valuing the humanoid robot maker at $50 billion. The IPO raised $900 million, marking a milestone for China's robotics sector.
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