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Unitree IPO Soars 460% As "Strong Retail Appetite" May Ignite Physical AI Listing Boom
Unitree IPO Soars 460% As "Strong Retail Appetite" May Ignite Physical AI Listing Boom
Summary:
Unitree Soars 460% in Shanghai IPO
Solactive China Humanoid Robotics Index Plunges As IPO "Drew Funds Away"
Unitree IPO 5,550 Times Oversubscribed As UBS Says Grey Market Points To 3.5x Open
Unitree Robotics, one of the most closely watched technology IPOs in Shanghai this year, made its trading debut earlier Wednesday and closed up a staggering 460%. The Chinese humanoid robot maker raised 6.1 billion yuan, or about $904 million.
The Hangzhou-based company, formerly known as Yushu Technology Co., climbed...
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Jun 8, 2026 / Tyler Durden
Ceased Ceasefire?
Ceased Ceasefire?
By Bas van Geffen, Senior Market Strategist at Rabobank
There has been little progress in the US-Iran peace negotiations over the past weekend. In fact, it feels like the two sides have been walking backwards as the ceasefire is faltering.
The US and Iran are still at odds over the frozen Iranian assets, which Iran wants released as part of any deal. But, yesterday, President Trump said that he will not unfreeze any amount of Iranian assets, nor lift sanctions, immediately after a deal is closed: “If they behave, if they...
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