Chinese humanoid robot maker Unitree made a stellar debut on the Shanghai Stock Exchange's STAR market, with its shares surging over 600% on opening day to close up 460%. The company, known for its backflipping robots and high-profile Spring Festival gala performances, unveiled its new 'Superman' humanoid robot capable of jumping 2 metres high and running faster than Usain Bolt.
Chinese humanoid robot maker Unitree made a dramatic debut on the Shanghai Stock Exchange's STAR market, with its shares surging over 600% from an offering price of 150.80 yuan to an intraday high of 1,100 yuan before closing at 845 yuan. The company, known for its backflipping robots and recently unveiled 'Superman' humanoid capable of jumping 2 meters and running faster than Usain Bolt, drew attention at the World Robot Conference in Beijing as the industry gains momentum in China.
Chinese humanoid robot maker Unitree surged more than 600% on its Shanghai Stock Exchange STAR market debut, with shares jumping from 150.80 yuan to as high as 1,100 yuan. The company unveiled its new Superman humanoid robot capable of jumping 2 meters and running 12.66 m/s, coinciding with the World Robot Conference in Beijing where Unitree showcased its products to swarms of visitors.