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<Research>CLSA Raises SENSETIME-W's TP to HKD3; Rating Kept Outperform
Recommend 57 Positive 102 Negative 20 |
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CLSA has released a report predicting SENSETIME-W (00020.HK) to trim its adjusted net loss by 53% YoY to RMB2.5 billion in FY25 with growth in generative AI revenue and a decline in operating expenses driven by business restructuring. The report also highlighted SENSETIME-W's strategic partnership with CAMBRICON (688256.SH), which is expected to help expand its AI computing capabilities through Chinese-made chips. SENSETIME-W's target price was raised from HKD1.85 to HKD3, with an Outperform rating remaining in place. AAStocks Financial News |
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