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The pattern of "weak performance of the technology stocks" in the Hong Kong stock market is intensifying. What direction will the market take next?
① Currently, the profit growth of Hong Kong stocks mainly relies on the optimization of profit margins in the Technology Sector rather than revenue expansion. Does this imply that the foundation for sustained market growth in the future is relatively weak? ② For the "Adjustment of Technology Positions + Dividend Hedging" strategy proposed by CICC, how should investors balance the conflict between short-term volatility defense and long-term strategy adherence?
SenseTime Technology: Generative AI revenue has skyrocketed with triple-digit growth for two consecutive years, with both the Chairman and Executive Director increasing their shareholding.
In 2024, SenseTime's generative AI business revenue exceeded 2.4 billion yuan, an increase of 103.1% year-on-year, maintaining triple-digit growth for two consecutive years. This strong performance drove SenseTime's overall revenue in 2024 to grow by 10.8% year-on-year, reaching 3.77 billion yuan; losses significantly narrowed by 33.7% year-on-year. The day after the Earnings Reports were released, SenseTime's Chairman and CEO Xu Li, along with co-founder and Executive Director Xu Bing, both increased their Shareholding by a total of 10 million shares at an average price of 1.49 HKD per share, involving about 14.9 million HKD. Following last year's high growth and high base, the generative AI business still maintained an extremely high.
SenseTime's AI monetization effectiveness has increased, with conditions for more outstanding achievements.
The year 2024 is referred to as the "AI Year" as it marks the first year of intimate relationships between AI and humans. With the mission of "Adhering to originality, allowing AI to lead human progress," the company SenseTime (0020.HK), which continuously leads frontier research in artificial intelligence, sees a massive business opportunity this significant year for AI and delivers impressive results for 2024. SenseTime's total revenue is projected to grow by 10.8% to 3.772 billion yuan (RMB, same below) for the entire year of 2024; among which generative AI contributes approximately 2.404 billion yuan, increasing its share of total revenue from 34.8% in 2023 to 63.7% in 2024, year-on-year.
[Brokerage Focus] Everbright: SenseTime (00020) has increased the proportion of revenue from generative AI to 64%, with significant narrowing of losses, maintaining a 'Buy' rating.
Jinwu Financial News | Everbright has released a research report indicating that SenseTime (00020) shows a dual improvement trend in 2024 with revenue recovery and narrowed losses. The total revenue for the year is 3.77 billion yuan, a year-on-year increase of 10.8%, ending the previous two-year decline; the revenue from generative AI business surged to 2.4 billion yuan, an astonishing 103% year-on-year increase, with its share of total revenue jumping from 35% to 64%. Although the gross margin slightly decreased to 42.9%, the adjusted net loss narrowed by 33.7% to 4.31 billion yuan, and EBITDA losses also decreased by 42.3%, reflecting improved operational efficiency. From the perspective of core business, the company "big
SenseTime-W (00020.HK): Shares were awarded according to the restricted share unit plan for 2022.
On March 28, Gelonghui reported that SenseTime-W (00020.HK) announced that on March 27, 2025, the company will grant approximately 0.311 billion restricted share units to eligible participants ("Grantees") under the Restricted Share Unit Plan adopted by the Board of Directors on June 20, 2022 (as revised by the Shareholder resolution dated June 26, 2024).
SenseTime Grants Over 311 Million RSUs to Boost Performance
小毛狸 : The stall has already closed.
方鍾Sir : Stop lost