Unitree’s IPO progress spurs stock buying of firms with exposure to humanoid robot maker

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Unitree Robotics’ progress on its domestic initial public offering (IPO) has sparked a buying frenzy of stocks with exposure to the humanoid robot juggernaut, as traders snapped up shares of its pre-IPO investors and business partners.Investors were navigating one of the most important thematic investments this year after Unitree took a step closer to a listing on Shanghai’s tech-heavy Star Market. Unitree said Monday that the exchange authority would vet its application next week.Shares of...