From chasing robots to chasing profits: the numbers moving markets
While Chinese investors chased Unitree Robotics amid the frenzy for robotics stocks, the market this week also focused on the implications of July’s US inflation rate, the gold price trend and the interim results of CK Hutchison Holdings, one of the flagship companies owned by Hong Kong billionaire Li Ka-shing’s family. Unitree’s retail subscription rate of 0.0181% Millions of retail investors in China rushed to subscribe to Unitree Robotics on Monday, as nearly 9.8 million trading accounts...
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