Unitree, China robot maker, surges in stock market debut amid AI boom
- HONG KONG — The robotics firm behind China’s famously backflipping humanoids leapt to a remarkable stock market debut on Wednesday, with Unitree’s shares closing up 460% as investors rally behind homegrown beneficiaries of the A.
- Chinese humanoid and other robots have advanced at a breathtaking pace as Beijing competes for global tech dominance with Washington, which banned imports of new foreign-made robots last month over national security concerns.
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- HONG KONG — The robotics firm behind China’s famously backflipping humanoids leapt to a remarkable stock market debut on Wednesday, with Unitree’s shares closing up 460% as investors rally behind homegrown beneficiaries of the A.
- Chinese humanoid and other robots have advanced at a breathtaking pace as Beijing competes for global tech dominance with Washington, which banned imports of new foreign-made robots last month over national security concerns.
Sources: NBC News