China's Unitree Robotics shares surge over 60% in less than two weeks despite industry risks warning
- SINGAPORE: Shares of Chinese robot-maker Unitree Robotics have surged more than 60 per cent in less than two weeks amid growing optimism over humanoid robots, even as the company cautioned investors about risks facing the nascent industry.
- The Shanghai-listed stock rose 7.7 per cent on Monday (Oct 26), before edging down about 1 per cent in Tuesday morning trading, paring some of its recent gains.
- Unitree shares closed at 672 yuan on Monday, up from 405.10 yuan on Oct 15.
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- SINGAPORE: Shares of Chinese robot-maker Unitree Robotics have surged more than 60 per cent in less than two weeks amid growing optimism over humanoid robots, even as the company cautioned investors about risks facing the nascent industry.
- The Shanghai-listed stock rose 7.7 per cent on Monday (Oct 26), before edging down about 1 per cent in Tuesday morning trading, paring some of its recent gains.
- Unitree shares closed at 672 yuan on Monday, up from 405.10 yuan on Oct 15.
Sources: CNA