HK Stock Market Move | BLACK SESAME (02533) rose by over 10%, revenue continues to achieve high growth for three consecutive years, and artificial intelligence opens up a second curve.

BLACK SESAME (02533) rose more than 10%, as of the market close, it rose by 9.54%, closing at HK$16.76, with a turnover of HK$90.6436 million. In terms of news, BLACK SESAME's performance in 2025 showed that the company's annual revenue reached as high as HK$8.22 billion, a year-on-year increase of 73.4%, with revenue achieving high growth for three consecutive years, including smart solutions revenue reaching HK$96.3 million; net profit steadily increased from HK$1.95 billion to HK$3.37 billion; and the adjusted net loss narrowed by 17.5%, indicating a significant improvement in profitability. During the reporting period, BLACK SESAME continued to consolidate its leading position in the field of intelligent automotive computing chips, while achieving strategic breakthroughs in innovative businesses such as smart solutions and edge AI. Huatai believes that the three major business sectors of the company made different levels of progress in 2025. In the intelligent driving business, it achieved revenue of HK$687 million, a year-on-year increase of 56.8%, which is the core source of revenue. In the smart solutions business, the company made a breakthrough from 0 to 1 and achieved an annual revenue of approximately HK$96 million. Looking ahead to 2026, the company's smart solutions business is expected to enter the early stage of mass production, and with the increasing volume of high-end intelligent driving chips and optimization of product structure, the gross profit margin of the automotive business is expected to gradually recover, and the overall revenue growth rate is expected to be significantly faster than the increase in shipment volume. The bank continues to be optimistic about the company's medium and long-term growth prospects.