Chinese robotics giant Unitree soars in stock market debut

Shares in Unitree Robotics, the world's biggest humanoid robot maker, soared on their debut on Shanghai's Star market on Wednesday, with the stock surging 200% to 128 yuan per share, giving the company a market value of 100 billion yuan ($14 billion). The strong debut reflects investor enthusiasm for robotics and AI, as Unitree plans to use the funds to expand production of its humanoid robots.

Chinese robotics giant Unitree soars in stock market debut Source: BBC Technology https://www.bbc.co.uk/news/technology Shares in the world's biggest humanoid robot maker started trading on Shanghai's Star market on Wednesday. Get AI news in your inbox Daily digest of what matters in AI.