Humanoid robots take centre stage in China-US tech race

Unitree Robotics shares plunge 18% on 2nd trading day after 460% debut surge; analysts see it as normal adjustment

Developer of 3D cameras and AI software for robots raises target by US$100 million amid investor enthusiasm

Unitree made a blockbuster Shanghai stock market debut on Wednesday, with its shares closing 460% above the IPO price of 150.80 yuan.

The conference, which runs from Wednesday through Sunday, has drawn more than 300 exhibitors from 26 countries, with over 3,000 products on display, including more than 300 debuts.