Chinese humanoid robot maker Unitree's stock surged 629% in early trading in its Shanghai debut on Wednesday, after raising ~$904M in its IPO (Bloomberg)

Unitree Robotics raised approximately $904 million in its Shanghai IPO, propelling its shares to surge 629% in early trading and giving the company a market valuation exceeding $50 billion. The rapid price jump reflects strong investor demand for the Chinese humanoid-robot maker’s debut on the mainland market.