Asian markets tumble as Unitree Robotics soars on stock debut

Published:

Asian markets tumble as Unitree Robotics soars on stock debut
Photo: Thanassis Stavrakis/AP/TT

In Tokyo, Japan, the Nikkei 225 fell 2.6 percent, while the broader Topix lost 2.7 percent.

In South Korea, trading was even worse: At lunchtime, the Kospi was down a hefty 5.6 percent.

Stock markets in China also had a shaky Wednesday. Shenzhen fell 3.5 percent and Shanghai fell 1.8 percent. However, Shanghai-based newly listed Unitree Robotics - which manufactures humanoid robots - surged more than 500 percent on its first day on the stock exchange, CNBC reports.

The Hong Kong-listed Hang Seng was unchanged.

Loading related articles...

Tags

Author

TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

Keep reading

Loading related posts...