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China Tech IPOs Skyrocket as Tesla Rival Unitree Surges 460%

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • Chinese tech IPOs on Shanghai's STAR Market are surging, led by humanoid robotics maker Unitree Robotics soaring over 460% and chipmaker CXMT rising nearly 500%.
  • Driven by robust domestic demand and stringent listing scrutiny, Beijing-backed national champions are heavily outperforming recent U.S.
  • tech market debuts.
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