Abstract: Unitree still trades at 3.9x its IPO price after a strong post-listing move, so we estimate the index ADD timeline below. Unitree's since-listing average total market cap has fallen to 7th on the STAR Market, missing fast-entry thresholds by 8% to 9%. Earliest windows are Dec 2026 for STAR50, Aug 2027 for SSE A Share, Dec 2027 for CSI 300, and Jan 2028 for Connect. MSCI can follow in Feb 2028 if Connect is included before its cutoff.
688836 CH
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