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- Unitree’s Valuation Warning Fails to Cool China’s Physical AI Rally
A TMTPost commentary examines why Unitree Technology’s warning that its 388-times trailing P/E far exceeds the industry’s 39-times average did not stop a surge in China’s physical AI stocks. It contrasts Unitree’s real but shrinking profits with businesses that have minimal or no physical AI revenue, while highlighting JPMorgan’s reported target-price increase from 300 yuan to 995 yuan. The article argues that investors are relying on speculative narratives and distant forecasts rather than current operating data.
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