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The Chinese CSI300 index fell 2.4% by midday, with the Shanghai Composite Index also declining by 2%. Meanwhile, the Hang Seng benchmark in Hong Kong was up 0.2%. Unitree, a prominent Chinese humanoid robot maker, saw a significant surge of nearly 500% during its Shanghai trading debut. The enthusiasm for robotics, a key area of competition between China and the United States, attracted substantial investor attention. The excitement around Unitree was overshadowed by a broader sell-off in technology shares. The CSI Robot Index plummeted over 6%, and semiconductor stocks faced a decline of about 7%. This decline mirrored the weakness…
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