BlockBeats reported on August 19 that Unitree Technology (688836.SH), described as the first humanoid robotics stock on China’s A-share market, made its debut with a 629.44% gain at the open. The stock briefly traded at 1,100 yuan. Based on that price, the new-share allocation would have returned about 7.3 times the subscription cost, with one lot of 500 shares valued at roughly 550,000 yuan and a profit of about 475,000 yuan after deducting the 75,000 yuan payment.
BlockBeats reported on August 19 that Unitree Technology (688836.SH), described as the first humanoid robotics stock on China’s A-share market, made its debut on the market with an opening gain of 629.44%. The stock briefly reached 1,100 yuan.
At that price, the new-share allocation would have generated an estimated 7.3 times return. One lot of 500 shares would be worth about 550,000 yuan, and after the 75,000 yuan subscription payment, the profit would be around 475,000 yuan.
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