Unitree shares rebound over 65% in 7 sessions as physical AI theme grips A-shares

The speed of this move says more about narrative scarcity in A-shares than about Unitree's fundamentals — physical AI has become the vehicle for re-rating an entire supply chain, from compute to components, on policy signalling rather than disclosed earnings. Companies repositioning themselves around the theme are the ones most exposed if the narrative cools, since positioning often precedes revenue. The open question is whether the compute framing — training, simulation, edge — proves durable enough to hold valuation through the next reporting cycle, or whether this remains a policy-driven rotation that fades once the policy headlines stop.