Unitree stock surged 629% on debut: is China’s robot boom already overvalued?
Unitree Robotics shares surged in their Shanghai debut on Wednesday, giving China’s best-known humanoid robot maker a market value briefly above $60 billion and underlining investor appetite for one of Beijing’s most closely watched technology sectors. The stock opened at 1,100 yuan on the STAR Market, 629% above its IPO price of 150.80 yuan, before
