SenseTime's continuous stimulation of stock price rebound with version 5.0 surged over 80% for the week, marking the largest weekly increase since its listing

According to the Zhitong Finance and Economics APP, on April 26th, SenseTime (00020) stock price has been rising for three consecutive days. The market's attention to SenseTime's "SenseNova 5.0" and the "Cloud-Edge" full-stack large model product matrix remains high. Previously, on the 24th, SenseTime's stock price surged by over 30% triggering a trading halt, and after resuming trading on the 25th, it continued to be well received by the market. As of the time of writing, SenseTime's stock price is at 1.07 Hong Kong dollars, with a trading volume exceeding 2 billion Hong Kong dollars, up by 28.92%. Calculations show that in this rebound, SenseTime's weekly increase exceeds 80%, marking the largest weekly increase since its listing.

It is reported that on April 23rd, SenseTime released the "SenseNova 5.0" large model that benchmarks the comprehensive capabilities of GPT-4 Turbo, and for the first time in the industry, introduced the "Cloud-Edge" full-stack large model product matrix. This includes the "SenseTime Edge-side Large Model" for terminal devices, and the edge product "SenseTime Enterprise-level Large Model Integrated Machine" for various fields such as finance, coding, healthcare, and government affairs. Currently, SenseTime's large model capabilities have empowered partners such as Kingsoft Office, Haitong Securities, Xiaomi, Yuewen Group, and Huawei.

It is understood that "SenseNova 5.0" adopts a Mixed Expert Architecture (MoE) with 600 billion parameters, trained on over 10TB tokens, covering logic-based synthetic thinking chain data in the order of hundreds of billions, and the joint optimization of SenseCore AI power facilities and algorithm design by SenseTime, providing stronger knowledge, mathematical, reasoning, and coding capabilities. Its comprehensive performance is on par with GPT-4 Turbo and achieves or surpasses GPT-4 Turbo in mainstream objective evaluations.

SenseTime's 2023 performance shows that SenseTime's generative AI business revenue reached 1.184 billion yuan, achieving a rapid growth of 200% year-on-year, accounting for 35% of total revenue. Typical customers include the three major telecom operators, financial institutions such as Bank of China, China Merchants Bank, Industrial and Commercial Bank of China, Haitong Securities, leading tech companies like JD.com, Xiaomi, Kingsoft, Honor, Yuewen, startups like HiDream.ai, LanZhou Technology, academic institutions like Tsinghua University, Shanghai Jiao Tong University, medical institutions like Xinhua Hospital affiliated with Shanghai Jiao Tong University School of Medicine, Ruijin Hospital, and the First Affiliated Hospital of Zhengzhou University.

The strong value recovery of SenseTime in this round also confirms the previous judgments of stock analysts. Guo Sizhi, Vice Chairman of the Hong Kong Stock Analysts Association, Director of the Hong Kong Securities Association, and a well-known stock analyst, previously stated that "The over 10 billion investment in SenseTime's AI power facilities and intelligent computing center is difficult to replicate in the current market environment. In the rapidly evolving AI 2.0 era, SenseTime's advantages will further expand.""SenseTime's current stock price is at a historical low, with a valuation of only about 1.0 times price-to-book ratio, indicating significant upside potential."

Based on the commercialization performance of generative AI and the recent technological advantages demonstrated by SenseTime 5.0, CITIC Securities, Guojin Securities, Guotou Securities, Haitong Securities, and others are optimistic about SenseTime's future performance, giving SenseTime positive ratings such as "buy" and "outperform the market"