PREVIEW

Unitree Robotics Soars In Shanghai Stock Market Debut. Chinese robotics giant Unitree Robotics has made a spectacular stock market debut in Shanghai, with its shares ending their first day of trading more than 460% higher. Shares in the world's biggest humanoid robot maker were initially offered at around 151 yuan each before closing at 845 yuan. The highly anticipated listing on Shanghai's technology-focused Star Market marks the first stock market debut by a humanoid robot maker in mainland China and represents a major milestone for Beijing's robotics ambitions. It comes as China and the United States compete for leadership in artificial intelligence and the rapidly developing global robotics market. Investment in humanoid machines has surged, with major companies including Tesla, BYD and Amazon developing two-legged robots, capable of performing tasks traditionally carried out by people.
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