Shares in humanoid robot maker Unitree soar in its Shanghai trading debut
Shares of Unitree, one of China’s largest humanoid robot makers, initially soared as much as 629% in its public stock trading debut yesterday in Shanghai, in the latest highlight of investor optimism over China’s technological advances. The company, founded in 2016 by entrepreneur Wang Xingxing in the eastern Chinese technology hub of Hangzhou, raised around 6.1 billion yuan ($904 million) in its listing on the Shanghai Stock Exchange’s Nasdaq-style STAR market. The shares were priced at 150.80 yuan ($22.36) a share. Its shares closed 460% higher at 845 yuan ($125.31). Advanced robotics, often referred to as “embodied” artificial intelligence, is [...] The post Shares in humanoid robot maker Unitree soar in its Shanghai trading debut appeared first on MACAU DAILY TIMES 澳門每日時報 .
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Shares in humanoid robot maker Unitree soar in its Shanghai trading debut Why it matters: Device and autonomy signals show where edge AI demand is moving, which can create new integration and tooling opportunities. Source: Macau Daily Times https://a2zai.ai/bytes/shares-in-h...
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