HK Stock Market Move | SENSETIME-W (00020) surges more than 5%, Goldman Sachs raises expectations for company's ToC business expansion, generative AI drives innovation in X business development.

SENSETIME-W (00020) surged over 5%, reaching a 4.58% increase at the time of writing, closing at 2.74 Hong Kong dollars with a trading volume of 1.798 billion Hong Kong dollars. Goldman Sachs released a research report stating an increase in expectations for SENSETIME-W's ToC business expansion, and predicting that the company will start monetizing by charging subscription fees monthly or annually after offering new users a free trial. The report pointed out that Sensetime has entered the ToC generative AI applications in the productivity tool field, including Raccoon office AI and Kapi accounting AI, using deep analysis capabilities supported by the SenseNova basic model to solve native AI problems. Furthermore, the company provides AI industry solutions based on high-demand scenarios, covering market analysis, sales analysis, product development, and enterprise management, forming a differentiated advantage compared to other AI applications. Guotai Haitong noted that SENSETIME-W's performance is expected to improve in the first half of 2025, with a significant narrowing of losses and a 72.7% year-on-year increase in generative AI business income. With the policy catalyst of "AI+", the company's vision and X business are expected to show significant growth, and the company's long-term development prospects are promising. China Securities Co., Ltd. believes that the company's large model applications are accelerating penetration with a focus on two major scenes of productivity tools and interaction tools to enhance penetration and customer stickiness. The company focuses on generative AI and drives the comprehensive development of X innovative business.