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00020 SENSETIME-W

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1.120
+0.010+0.90%

Trading Aug 19 14:45 CST

39.36BMarket Cap-5544P/E (TTM)

SENSETIME-W Stock Forum

Spinee

Jul 25 04:00

NVIDIA's New Chip for China

$NVIDIA (NVDA.US)$ introduced a new chip specifically for the Chinese market. However, industry experts doubt its ability to match the performance of domestic chips and meet the growing demand for computing power.
$SMIC (00981.HK)$ $SENSETIME-W (00020.HK)$ $BABA-SW (09988.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$

Serve Robotics soars and dips: Is it a smart buy?

Spinee

Jul 11 01:14

CHINA CPI & PPI BREAKDOWN:

CPI
🔸June CPI experienced a seasonal m/m decrease.
🔸The core CPI rose by 0.6% y/y, unchanged.
🔸Food prices dropped by 2.1% y/y, decline expanded.
🔸Beef and mutton fell by 13.4% and 7.1% y/y, amid oversupply.
🔸Pork prices rise by 18.1% y/y, vs +13.5 PPS vs May.
🔸Vegetables -7.3% y/y, +9 pps vs May.
For y/y price changes
🔽Food, tobacco & liquor -1.1%
🔼Clothing +1.5%
🔼Accomodation +0.2%
🔼Necessities & services +0.9%
🔽Transportation & Communication -0.3%
🔼Education, Cultur...

Spinee

Jul 9 00:01

SENSETIME Launches Free Cantonese AI Mobile App

$SENSETIME-W (00020.HK)$ announced the launch of a multi-model foundation in Cantonese. The Sensechat mobile app and web version, based on this model, are now available for free to Hong Kong users.
Users can interact with Sensechat in Cantonese for Q&A, instant search, picture generation, and copywriting.

Spinee

Jul 8 01:36

SenseTime $SENSETIME-W (00020.HK)$ co-founder Yang Fan says at WAIC 2024 that Huawei $Huawei Hongmong (BK0795)$ 's AI cluster is better than Nvidia $NVIDIA (NVDA.US)$ 's.

Spinee

Jul 5 05:11

SENSETIME-W Unveils 'Vimi', First 'Controllable' Character Video Model

$SENSETIME-W (00020.HK)$ released Vimi, a model for generating one-minute, high-quality character videos without distortion. Vimi targets C-end users for activities like chatting, singing, and dancing. Based on the SenseNova foundation model, it creates human-like videos from any style photo.
SENSETIME-W is showcasing Vimi at WAIC 2024 in Shanghai.

104238715

Jul 5 00:17

$SENSETIME-W (00020.HK)$ why crash?

Spinee

Jul 4 22:02

HSI Inches Up 7 Pts; JD Sheds 1%+

$Hang Seng Index (800000.HK)$ opened slightly higher by 7 pts or less than 0.1% at 18,035. $Hang Seng China Enterprises Index (800100.HK)$ opened 2 pts or less than 0.1% higher at 6,473. $Hang Seng TECH Index (800700.HK)$ opened flat at 3,649.
For techs, $TENCENT (00700.HK)$ added 0.6%, whereas $BABA-SW (09988.HK)$ dipped 0.1%. $BILIBILI-W (09626.HK)$ and $XIAOMI-W (01810.HK)$ dipped 0.1%. $JD-SW (09618.HK)$ sank 1.2%, being the worst-performing blue chip. $BIDU-SW (09888.HK)$ faded 0.2...

Spinee

Jul 2 22:37

SENSETIME Completes Placing of New Class B Shrs for $1.995B Net Proceeds

$SENSETIME-W (00020.HK)$ announced that a total of 1.673 billion new Class B Shares were placed at the Placing Price of HK$1.2 per Placing Share. The net proceeds from the Placing amounted to HK$1.995 billion.

The Company intends to use such net proceeds mainly for further enhancing the scale of the Company’s industry leading AI infrastructure - SenseCore, supporting the further development of generative AI including large mo...

Spinee

Jul 2 05:21

Technology stocks traded individually, with $BABA-SW (09988.HK)$ down 0.1%. $TENCENT (00700.HK)$ descended 0.9%. $MEITUAN-W (03690.HK)$ elevated nearly 1%. $NTES-S (09999.HK)$ , $JD-SW (09618.HK)$ , $BIDU-SW (09888.HK)$ and $KUAISHOU-W (01024.HK)$ waned 0.2% to 2%. $SENSETIME-W (00020.HK)$ rose 4.5%. $BILIBILI-W (09626.HK)$ plummeted 4.7%, amid reports that some functions of BILIBILI's app are malfunctioning and are under repair.

Spinee: HSI Closes Up 50 pts; LI AUTO Lifts ~5%

Spinee

Jun 20 22:41

SENSETIME Places Shares at 9.1% Discount, Raising ~$2B

$SENSETIME-W (00020.HK)$ placed 1.673 billion new Class B shares at $1.2 per share, a 9.1% discount from the previous closing price of $1.32. This represents about 6.06% of the enlarged Class B shares and 4.76% of the total issued shares.

The placement is expected to raise net proceeds of $1.995 billion. Funds will be used to expand the SenseCore AI infrastructure, support generative AI development, and for general working capital.

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