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Chinese AI Startup Deepexi Files for Hong Kong IPO
SenseTime (00020.HK) has reached a strategic cooperation with the embodied intelligence company Fourier.
SENSETIME-W (00020.HK) stated that based on the newly upgraded "SenseNova V6", the company has reached a strategic cooperation with the embodiment intelligence leader Fourier to enable multimodal large models to serve as the brain and eyes of Siasun Robot&Automation, enhancing perception capabilities, enabling deep thinking like humans, natural expression, and stronger memory.
【Brokerage Focus】HTSC maintains a "Buy" rating on SenseTime (00020) and is Bullish on the rapid expansion of its generative AI Business.
Jinwu Financial News | HTSC's Research Reports indicate that recently, SenseTime (00020) released the newly upgraded "Daily New V6" model, achieving leading multimodal reasoning capabilities through breakthroughs in multimodal long thinking chain training, global memory, and reinforcement learning technology. It is currently available for experience on the "Shangliang" web platform. The company continues to make breakthroughs in the field of large models and is Bullish about the rapid expansion of its generative AI Business. The firm pointed out that since the company's AI application commercialization is still in the exploration phase, it has lowered the revenue expectations for 2025-2027 to 4.83/6.1/7.32 billion yuan (down 20% for 2025 and 26%, 27% for 2026).
As the market warms up, Chinese concept stocks are facing a dual choice, and the Hong Kong market may return to being the center of IPOs.
① In the changing landscape of Global trade, Hong Kong, as an international financial center, will welcome a new development scenario, implementing various measures to strengthen its unique market position as a "super connector"; ② Foreign Analysts point out that the delisting risk faced by Chinese concept stocks may lead Hong Kong to become an IPO center once again; ③ It is worth noting that, under the delisting risk for Chinese concept stocks, a choice will be made between returning to the A-share or Hong Kong stock market.
Sun Dong: The Hong Kong government is preparing to establish the Hong Kong AI Research Institute.
The Secretary for Innovation and Technology, Sun Dong, recently revealed that the government is actively investing in innovation and technology, including further strengthening Hong Kong's R&D capabilities. The government is also actively preparing to establish the Hong Kong AI Research Institute, which will focus on supporting upstream R&D work and transforming research results into applications. He stated that InnoHK has established partnerships with over 30 world-renowned universities and research Institutions from 12 economies, gathering more than 2,500 researchers and setting up 30 research laboratories, with more than half focused on AI and Machinery technology.
Market Chatter: SenseTime Rolls Out SenseNova V6, V6 Reasoner Models