Robot maker Unitree surges 600% in Shanghai IPO debut, outpacing crypto predictions

Chinese robot manufacturer Unitree saw its shares surge approximately 600% on its Shanghai stock exchange debut, far exceeding pre-IPO expectations. Before trading began, crypto traders on Hyperliquid had priced the stock well above its IPO valuation, but the actual opening price still came in roughly 75% higher than their implied figure. Unitree is one of the world's leading makers of humanoid robots.

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