A Chinese Humanoid-Robot Maker’s Shanghai IPO Surged About 500% After a New “Superman” Demo

Unitree’s shares jumped about 500% in their Shanghai Stock Exchange debut after the Hangzhou humanoid-robot maker showcased its new “Superman” model. The stock opened up as much as 629% and traded around 883.87 yuan, up from an IPO price of 150.8 yuan, putting the company’s valuation near 445 billion yuan. Unitree hit the Shanghai Stock […]