China’s first humanoid robot goes public and drives the market crazy: it soars 629%
They dance, run, do somersaults, and even practice martial arts. Now they also trade on the stock market. Unitree, the company that has turned its humanoid robots and robot dogs into one of the most recognizable images of Chinese technological advancement, debuted this Wednesday on the Shanghai stock exchange and sparked euphoria among investors: its shares soared 629% as soon as they started trading. Why has this frenzy broken out?