Unitree Robotics surges in Shanghai IPO, shares spike more than 600%
Unitree Robotics' shares climbed sharply in their Shanghai market debut, rising to an intraday peak of 1,100 yuan - over 600% above the IPO price of 150.80 yuan. The jump came even as major Chinese indexes fell, and follows attention on the company's acrobatic humanoid robots and backing from several large Chinese technology companies.