vested
SenseTime To Create Digital Fleet with Alfa Romeo F1 Team
SenseTime announced that the new racing car that reached a technical cooperation with the Alfa Romeo F1 Team debuted.
The two parties had reached a technical collaboration on the joint development of customized AI solutions to enhance racing performance, exploring various ways to empower the motorsport industry.
Wang Xiaogang, Co-founder, Chief Scientist and President of Intelligent Automotive Group, SenseTime, said that SenseAuto is positioned to be the core supplier of AI technology in the era of intelligent vehicles.
Over the past few years, SenseAuto has continuously expanded its own ecosystem, which includes over 30 customers from car manufacturers and more than 50 ecosystem partners, covering a total of over 26 million vehicles.
The cooperation with an F1 team will further strengthen SenseAuto's innovations, providing precise and efficient intelligent services for the team.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
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Sensetime 0020
Re: Sensetime 0020
by winston » Thu Feb 23, 2023 1:38 pm
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Sensetime 0020
by winston » Tue Mar 28, 2023 5:09 pm
not vested
SENSETIME-W Annual Loss Narrows to RMB6.05B
SENSETIME-W (00020.HK) announced annual result ended December 2022.
The turnover declined 19% year on year to RMB3.809 billion.
The loss narrowed from RMB17.14 billion in the corresponding period of previous year to RMB6.045 billion.
LPS was RMB0.19. No dividend was declared.
The full-year adjusted net loss was RMB4.736 billion on a non-IFRS basis, deeper than the RMB1.418 billion over a year ago.
The non-IFRS adjusted EBITDA loss widened to RMB4.213 billion, versus almost RMB879 million adjusted EBITDA loss in 2021.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
SENSETIME-W Annual Loss Narrows to RMB6.05B
SENSETIME-W (00020.HK) announced annual result ended December 2022.
The turnover declined 19% year on year to RMB3.809 billion.
The loss narrowed from RMB17.14 billion in the corresponding period of previous year to RMB6.045 billion.
LPS was RMB0.19. No dividend was declared.
The full-year adjusted net loss was RMB4.736 billion on a non-IFRS basis, deeper than the RMB1.418 billion over a year ago.
The non-IFRS adjusted EBITDA loss widened to RMB4.213 billion, versus almost RMB879 million adjusted EBITDA loss in 2021.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Sensetime 0020
by winston » Wed Mar 29, 2023 5:54 am
not vested
SenseTime's adjusted net loss widens 234pc
SenseTime's (0020) adjusted net loss last year - which excludes non-cash factors such as share-based compensation and fair value changes on financial assets - widened by 234 percent year-on-year to 4.7 billion yuan (HK$5.4 billion).
Its net loss, however, narrowed by 65 percent to 6.05 billion yuan in the same period. No dividend was declared.
Revenue for the Chinese artificial intelligence giant during the period dropped 19 percent from a year ago to 3.8 billion yuan.
Specifically, revenue from the smart business segment declined 25.2 percent year-on-year to 1.46 billion yuan, while income from the smart city division fell by 48.8 percent to 1.1 billion yuan.
Sales from the smart life segment, however, posted an increase of 130 percent to a record 955.1 million yuan and revenue from the smart auto business also jumped 58.9 percent to 292.7 million in 2022.
Source: The Standard
https://www.thestandard.com.hk/section- ... dens-234pc
SenseTime's adjusted net loss widens 234pc
SenseTime's (0020) adjusted net loss last year - which excludes non-cash factors such as share-based compensation and fair value changes on financial assets - widened by 234 percent year-on-year to 4.7 billion yuan (HK$5.4 billion).
Its net loss, however, narrowed by 65 percent to 6.05 billion yuan in the same period. No dividend was declared.
Revenue for the Chinese artificial intelligence giant during the period dropped 19 percent from a year ago to 3.8 billion yuan.
Specifically, revenue from the smart business segment declined 25.2 percent year-on-year to 1.46 billion yuan, while income from the smart city division fell by 48.8 percent to 1.1 billion yuan.
Sales from the smart life segment, however, posted an increase of 130 percent to a record 955.1 million yuan and revenue from the smart auto business also jumped 58.9 percent to 292.7 million in 2022.
Source: The Standard
https://www.thestandard.com.hk/section- ... dens-234pc
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Re: Sensetime 0020
by winston » Wed Mar 29, 2023 4:09 pm
vested
CICC: SENSETIME Bears Short-term Pressure Last Yr, Embraces Common AI This Yr
SENSETIME-W (00020.HK)'s total revenue last year of RMB3.8 billion dropped 19% YoY, below CICC forecast, in wake of heavier-than-expected pressure from smart city and commercial epidemic business.
The net loss attributable to parent company was RMB6.05 billion, down 65% YoY, below estimates.
SENSETIME actively deployed multi-modal large models, with the management foretelling that NLP large model and larger volume multimodal large model are likely to be rolled out this year to empower B-side commercial field.
Related News: SENSETIME-W Annual Loss Narrows to RMB6.05B
Considering the slow recovery of 2G or 2B basic business after the epidemic, CICC lowered SENSETIME's revenue forecast this year by 28.7% to RMB5.12 billion, and retained the adjusted net profit attributable to parent company this year basically intact.
CICC kept SENSETIME's TP at $3.6 with rating Outperform.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
CICC: SENSETIME Bears Short-term Pressure Last Yr, Embraces Common AI This Yr
SENSETIME-W (00020.HK)'s total revenue last year of RMB3.8 billion dropped 19% YoY, below CICC forecast, in wake of heavier-than-expected pressure from smart city and commercial epidemic business.
The net loss attributable to parent company was RMB6.05 billion, down 65% YoY, below estimates.
SENSETIME actively deployed multi-modal large models, with the management foretelling that NLP large model and larger volume multimodal large model are likely to be rolled out this year to empower B-side commercial field.
Related News: SENSETIME-W Annual Loss Narrows to RMB6.05B
Considering the slow recovery of 2G or 2B basic business after the epidemic, CICC lowered SENSETIME's revenue forecast this year by 28.7% to RMB5.12 billion, and retained the adjusted net profit attributable to parent company this year basically intact.
CICC kept SENSETIME's TP at $3.6 with rating Outperform.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Sensetime 0020
by winston » Thu Mar 30, 2023 4:54 pm
vested
CLSA Hikes SENSETIME-W (00020.HK) TP to $2.2, Rating Sell
SENSETIME-W (00020.HK) 's revenue sank 19% YoY to RMB3.8 billion last year, in wake of epidemic impact, CLSA analyzed in its report.
The smart life segment's revenue surged 130% YoY, followed by smart auto's revenue growth of 59% YoY. However, the smart business and smart city segments' revenue dropped 25% and 49% YoY.
In the broker's view, the higher attention on AI products and services entailed by the launch of ChatGPT should facilitate the company to better monetize its AI data center. Therefore, the broker raised the TP on the stock from $2 to $2.2 and kept the rating Sell.
Related News: CICC: SENSETIME Bears Short-term Pressure Last Yr, Embraces Common AI This Yr
The broker lowered the group's revenue forecasts for FY2023 and FY2024 by 22% and 15%, respectively, believing that the company will need time to recover from the epidemic repercussions.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
CLSA Hikes SENSETIME-W (00020.HK) TP to $2.2, Rating Sell
SENSETIME-W (00020.HK) 's revenue sank 19% YoY to RMB3.8 billion last year, in wake of epidemic impact, CLSA analyzed in its report.
The smart life segment's revenue surged 130% YoY, followed by smart auto's revenue growth of 59% YoY. However, the smart business and smart city segments' revenue dropped 25% and 49% YoY.
In the broker's view, the higher attention on AI products and services entailed by the launch of ChatGPT should facilitate the company to better monetize its AI data center. Therefore, the broker raised the TP on the stock from $2 to $2.2 and kept the rating Sell.
Related News: CICC: SENSETIME Bears Short-term Pressure Last Yr, Embraces Common AI This Yr
The broker lowered the group's revenue forecasts for FY2023 and FY2024 by 22% and 15%, respectively, believing that the company will need time to recover from the epidemic repercussions.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... t-news/HK6
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Sensetime 0020
by winston » Mon Apr 10, 2023 6:51 pm
not vested
Alibaba-backed SenseTime unfurls China’s latest ChatGPT rival
Source: Bloomberg
https://www.theedgemarkets.com/node/662805
Alibaba-backed SenseTime unfurls China’s latest ChatGPT rival
Demonstrated the large AI model SenseNova and a user-facing chatbot called SenseChat.
Image processing tool called Miaohua or “draw in seconds”.
Ruying or “like a shadow”, can model the moves of a human to animate a digital being in a video.
It also unveiled a service for modelling structures that use AI rendering to generate 3D buildings.
Source: Bloomberg
https://www.theedgemarkets.com/node/662805
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winston - Billionaire Boss
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Re: Sensetime 0020
by winston » Mon Apr 17, 2023 7:48 am
not vested
According to the shareholding disclosures, SoftBank further offloaded 50 million shares of SenseTime (0020) at a price of HK$2.7713 per share, resulting in a cash-out of HK$138 million.
Following the sale of 50 million shares, SoftBank's shareholding in SenseTime decreased from 14.14 percent to 13.95 percent.
Source: The Standard
According to the shareholding disclosures, SoftBank further offloaded 50 million shares of SenseTime (0020) at a price of HK$2.7713 per share, resulting in a cash-out of HK$138 million.
Following the sale of 50 million shares, SoftBank's shareholding in SenseTime decreased from 14.14 percent to 13.95 percent.
Source: The Standard
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Sensetime 0020
by winston » Tue Apr 18, 2023 7:27 am
not vested
SenseTime shares suffer after sales
Artificial intelligence company SenseTime (0020) lost more than 4 percent after a report that Alibaba (9988) had reduced its stake in the firm by selling 40 million shares last week for HK$138 million.
Alibaba sold the shares on April 11 at an average price of HK$3.45 per share. Alibaba's long position in SenseTime's Hong Kong shares has decreased from 8.04 percent to 7.88 percent.
In addition, SoftBank had offloaded another 50 million shares of the company, collecting over HK$138 million in the process.
SoftBank had sold the shares on April 6 at an average price of HK$2.771 per share, a Hong Kong stock exchange filing showed.
Since December, SoftBank has disclosed five share sales in SenseTime, resulting in a reduction of its stake in the company by 4.42 percent.
The sales involved a total of 313 million shares, with an average sale price ranging from HK$1.976 to HK$2.771 per share and a total value of HK$844 million.
SenseTime's shares closed at HK$2.81 yesterday, representing a 24-percent drop from its high of HK$3.7 on April 11.
Source: The Standard
https://www.thestandard.com.hk/section- ... fter-sales
SenseTime shares suffer after sales
Artificial intelligence company SenseTime (0020) lost more than 4 percent after a report that Alibaba (9988) had reduced its stake in the firm by selling 40 million shares last week for HK$138 million.
Alibaba sold the shares on April 11 at an average price of HK$3.45 per share. Alibaba's long position in SenseTime's Hong Kong shares has decreased from 8.04 percent to 7.88 percent.
In addition, SoftBank had offloaded another 50 million shares of the company, collecting over HK$138 million in the process.
SoftBank had sold the shares on April 6 at an average price of HK$2.771 per share, a Hong Kong stock exchange filing showed.
Since December, SoftBank has disclosed five share sales in SenseTime, resulting in a reduction of its stake in the company by 4.42 percent.
The sales involved a total of 313 million shares, with an average sale price ranging from HK$1.976 to HK$2.771 per share and a total value of HK$844 million.
SenseTime's shares closed at HK$2.81 yesterday, representing a 24-percent drop from its high of HK$3.7 on April 11.
Source: The Standard
https://www.thestandard.com.hk/section- ... fter-sales
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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Re: Sensetime 0020
by winston » Mon May 08, 2023 10:48 am
vested
MSCI: SENSETIME Ineligible for Admission to MSCI China Indexes
MSCI said that under the US Executive Order by the Office of Foreign Assets Control (OFAC) published on December 16, 2021, an updated Non-SDN Chinese Military-Industrial Complex Companies List (NS-CMIC List) which included SENSETIME-W (00020.HK) .
No tickers were provided in the NS-CMIC List.
On December 30, 2021, SENSETIME underwent an initial public offering (IPO).
Under these circumstances, MSCI will treat SENSETIME Group B as subject to the Order. Thus, Sensetime Group B is not eligible for inclusion in the MSCI China All Shares or the MSCI China Indexes until further notice.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
MSCI: SENSETIME Ineligible for Admission to MSCI China Indexes
MSCI said that under the US Executive Order by the Office of Foreign Assets Control (OFAC) published on December 16, 2021, an updated Non-SDN Chinese Military-Industrial Complex Companies List (NS-CMIC List) which included SENSETIME-W (00020.HK) .
No tickers were provided in the NS-CMIC List.
On December 30, 2021, SENSETIME underwent an initial public offering (IPO).
Under these circumstances, MSCI will treat SENSETIME Group B as subject to the Order. Thus, Sensetime Group B is not eligible for inclusion in the MSCI China All Shares or the MSCI China Indexes until further notice.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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Re: Sensetime 0020
by winston » Mon May 15, 2023 5:13 pm
SenseTime Expects AI Digital Human Video Generation Platform 'SenseAvatar' to Save 90% Manual Processing Time
SENSETIME-W (00020.HK) announced the launch of SenseAvatar -- an artificial intelligence digital human video generation platform under its "SenseNova" foundation model system.
Leveraging multiple capabilities on AI digital human video generation algorithm, language foundation model, AI text-to-image generation and AIGC, SenseAvatar is capable of generating ultra-realistic digital avatars and realizing high-quality and highly efficient video content creation, with only a one-time input of real-life materials.
In addition, the platform can also drastically reduce the manual processing time in traditional video production by 90%, and the model training time by 60%. Various types of customized digital human training will only take one day to complete.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
SENSETIME-W (00020.HK) announced the launch of SenseAvatar -- an artificial intelligence digital human video generation platform under its "SenseNova" foundation model system.
Leveraging multiple capabilities on AI digital human video generation algorithm, language foundation model, AI text-to-image generation and AIGC, SenseAvatar is capable of generating ultra-realistic digital avatars and realizing high-quality and highly efficient video content creation, with only a one-time input of real-life materials.
In addition, the platform can also drastically reduce the manual processing time in traditional video production by 90%, and the model training time by 60%. Various types of customized digital human training will only take one day to complete.
Source: AAStocks Financial News
http://www.aastocks.com/en/stocks/news/ ... -news/AAFN
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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