Unitree Robotics soars in Shanghai debut

Shares of Chinese humanoid robot maker Unitree surged as much as 629% in their Shanghai trading debut, valuing the company at around $66 billion.

The IPO raised roughly $904 million, making it one of the year's most anticipated tech listings.

The stock closed up over 500% in its first day of trading, reflecting intense investor enthusiasm for the humanoid robotics sector.

The listing is a milestone for China's push to become a global leader in advanced robotics and AI.