Unitree Technology Shares Rise More Than 10% as Turnover Tops 2.6 Billion Yuan

Unitree Technology shares rose more than 10% intraday on Oct. 20 as trading turnover topped 2.6 billion yuan, marking another sharp move for the Chinese robotics company after a similar advance a day earlier.

The gain was a reading during the trading session, not a closing return. Turnover is the value of shares exchanged, separate from the percentage change in the stock price. It does not represent new funding for Unitree or sales from its robotics business.

On Oct. 19, Unitree shares also rose more than 10% during trading, with turnover exceeding 1.5 billion yuan at that point. The two turnover figures were recorded at different moments in separate sessions. They therefore do not establish how full-day trading activity compared between Oct. 19 and Oct. 20, even though the shares passed the 10% gain mark on both days.

Unitree is a Chinese robotics company. The reported figures concern trading in its shares, not the price or turnover of a cryptocurrency.