Global Market: Unitree’s 45% share slump raises bubble concerns after blockbuster Shanghai debut

Unitree shares have plunged 45% since their blockbuster Shanghai debut, raising concerns over speculative excess and retail investor risks. The humanoid robot maker’s stock surged 460% above its IPO price on listing day, briefly valuing it at $66 billion. The sharp reversal has intensified questions over IPO pricing and technology valuations.