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المشهد العربي
Unitrade Robotics shares jump 629% debut
The shares of the Chinese company "Unisource," specialized in manufacturing humanoid robots, recorded a record-breaking increase of 629% on its first day of trading on the Shanghai Stock Exchange after raising approximately $904 million from the offering. This caused the company's market value to temporarily surpass $59 billion. The proceeds from the IPO are primarily focused on funding research and development projects and expanding production, as China continues to excel in the manufacturing and scaling of humanoid robots within a fierce technological competition with the United States.
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