<H Shrs>HSI Rises 48 Points at Noon; Excitement Grows for Robotics Concept
Market Performance: The HSI rose 48 points (0.2%) to 25,809, while the HSCEI and HSTECH also saw gains, with total half-day turnover reaching HKD92.278 billion.
FTSE China 50 Index Changes: CHINAHONGQIAO, CATL, and HENGRUI PHARMA were included in the index, showing positive growth, while CSC, GWMOTOR, and LI AUTO-W were excluded, with LI AUTO-W experiencing a decline.
Robotics Industry Surge: Stocks related to the robotics industry, such as SANHUA and JOHNSON ELEC, surged following reports of US initiatives to promote the sector, with significant gains noted across various companies.
Car Trade-in Subsidy Adjustments: Over 20 cities in China have halted or adjusted car trade-in subsidies due to depleted funds, negatively impacting car manufacturers like BYD and NIO, which saw declines in their stock prices.
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SaaS and Software Stocks Decline Overall, KINGDEE INT'L Drops 14% Following Anthropic's Release of Corporate Legal AI Tool
AI Tool Launch: Anthropic introduced a new tool for corporate in-house counsel that automates legal tasks like contract review and NDA classification, impacting the SaaS and software sectors.
Stock Market Performance: Several Hong Kong stocks experienced significant declines, with KINGDEE INT'L dropping 14.5% and MEITU falling nearly 10%.
Short Selling Activity: High short selling ratios were noted across various companies, including MEITU and CHINASOFT INT'L, indicating bearish market sentiment.
AI IPOs Decline: Newly listed AI companies like MINIMAX-WP and KNOWLEDGE ATLAS also saw their stock prices decrease, reflecting a broader trend in the market.
SENSETIME-W Releases SenseNova-MARS as Open Source
Stock Performance: SENSETIME-W (00020.HK) experienced a decline of 1.992%, with short selling amounting to $124.32M and a ratio of 9.644%.
Model Launch: The company announced the open-sourcing of its multimodal autonomous reasoning model, SenseNova-MARS, in both 8B and 32B versions.
Model Capabilities: SenseNova-MARS is the first open-source Agentic VLM that supports dynamic video reasoning and image-text retrieval, capable of autonomous planning and handling complex tasks.
Benchmark Performance: In core benchmarks for multimodal search and reasoning, SenseNova-MARS achieved an average score of 69.74, outperforming competitors Gemini-3-Pro and GPT-5.2.
HSI Rises 598 Points at Midday, Reaching Over 4.5-Year High; Financials, Developers, and Commodities Flourishing
Market Performance: The HSI rose by 598 points (2.2%) to 27,725, with significant gains in the HSCEI and HSTECH, while total market turnover reached HKD196.327 billion.
Financial Stocks Surge: Major financial stocks like HSBC, BOC Hong Kong, and Standard Chartered saw increases of 2.1% to 2.9%, contributing to a positive trend in the financial sector.
Property and Resource Stocks Rally: Hong Kong developers and Chinese developers experienced substantial gains, with some stocks like China Jinmao and Greentown China rising by over 6%, while resource stocks also saw significant increases.
Tech and AI Stocks Growth: Tech stocks such as Tencent and JD-SW gained between 1.5% and 2.4%, while AI-related stocks like SenseTime and Unisound saw notable increases, with Unisound jumping by 38.2%.
HSI Rises by 97 Points Driven by Demand for Chip, AI, and Robotics Stocks; HUA HONG SEMI Gains 5%
Market Performance: The Hong Kong stock market saw a rebound with the HSI rising 0.4% to 26,585, driven by the US-Europe dispute over Greenland and a total market turnover of HKD250.451 billion.
AI and Tech Stocks Surge: The launch of the new DeepSeek model, MODEL1, boosted AI and chip-related stocks, with notable gains from companies like SENSETIME-W and INSILICO, while some stocks like UNISOUND experienced declines.
Chinese Exports Growth: China's exports in December increased by 6.6% year-on-year, surpassing the previous value of 5.9% and exceeding forecasts of 3%.
Mixed Performance Among Major Tech Firms: BIDU-SW launched a new AI feature and saw a 3.3% stock increase, while other tech giants like TENCENT and JD-SW had modest gains, and NTES-S faced a significant decline of 3.7%.
G Sachs Anticipates Continued Growth for SENSETIME-W's Generative AI Revenue, Establishes Target Price at HKD3.53 with Buy Rating
Company Outlook: Goldman Sachs is optimistic about SENSETIME-W's expansion into multi-modal foundational models, which could improve cost-to-performance ratios and increase application opportunities.
AI Development: SenseTime's self-developed AI foundational model, SenseNova, and its AI infrastructure are key to its growth as a leading generative AI software company.
Revenue Growth: The broker anticipates that SenseTime's generative AI revenue will thrive due to its extensive product offerings and tailored solutions for specific industries.
Investment Rating: Goldman Sachs maintains a Buy rating for SENSETIME-W, setting a target price of HKD3.53.
HSI Closes Up 239 Points; BABA-W Jumps Over 3%; DONGFENG GROUP Soars Approximately 7%
Market Performance: The HSI rose by 239 points (0.9%) to close at 26,848, with the HSCEI and HSTECH also showing gains, while total market turnover reached HKD315.192 billion.
Technology Sector Highlights: Notable gains were seen in BABA-W (+3.6%) and ALI HEALTH (+2.8%), while some AI stocks like SENSETIME-W and WEIMOB INC experienced declines of 4.9% and 4.5%, respectively.
Chip Stocks Movement: Chip stocks faced losses, with BIREN TECH and ILUVATAR COREX dropping 7.7% and 8.9%, while ASMPT and COWELL saw gains of 3.6% and 8.1%.
Automotive Sector Developments: Supported by a new tariff deal between China and the EU, BYD COMPANY and other car manufacturers like GWMOTOR and XPENG-W saw increases, while XIAOMI-W declined by 2%.
SaaS and Software Stocks Decline Overall, KINGDEE INT'L Drops 14% Following Anthropic's Release of Corporate Legal AI Tool
AI Tool Launch: Anthropic introduced a new tool for corporate in-house counsel that automates legal tasks like contract review and NDA classification, impacting the SaaS and software sectors.
Stock Market Performance: Several Hong Kong stocks experienced significant declines, with KINGDEE INT'L dropping 14.5% and MEITU falling nearly 10%.
Short Selling Activity: High short selling ratios were noted across various companies, including MEITU and CHINASOFT INT'L, indicating bearish market sentiment.
AI IPOs Decline: Newly listed AI companies like MINIMAX-WP and KNOWLEDGE ATLAS also saw their stock prices decrease, reflecting a broader trend in the market.
SENSETIME-W Releases SenseNova-MARS as Open Source
Stock Performance: SENSETIME-W (00020.HK) experienced a decline of 1.992%, with short selling amounting to $124.32M and a ratio of 9.644%.
Model Launch: The company announced the open-sourcing of its multimodal autonomous reasoning model, SenseNova-MARS, in both 8B and 32B versions.
Model Capabilities: SenseNova-MARS is the first open-source Agentic VLM that supports dynamic video reasoning and image-text retrieval, capable of autonomous planning and handling complex tasks.
Benchmark Performance: In core benchmarks for multimodal search and reasoning, SenseNova-MARS achieved an average score of 69.74, outperforming competitors Gemini-3-Pro and GPT-5.2.
HSI Rises 598 Points at Midday, Reaching Over 4.5-Year High; Financials, Developers, and Commodities Flourishing
Market Performance: The HSI rose by 598 points (2.2%) to 27,725, with significant gains in the HSCEI and HSTECH, while total market turnover reached HKD196.327 billion.
Financial Stocks Surge: Major financial stocks like HSBC, BOC Hong Kong, and Standard Chartered saw increases of 2.1% to 2.9%, contributing to a positive trend in the financial sector.
Property and Resource Stocks Rally: Hong Kong developers and Chinese developers experienced substantial gains, with some stocks like China Jinmao and Greentown China rising by over 6%, while resource stocks also saw significant increases.
Tech and AI Stocks Growth: Tech stocks such as Tencent and JD-SW gained between 1.5% and 2.4%, while AI-related stocks like SenseTime and Unisound saw notable increases, with Unisound jumping by 38.2%.
HSI Rises by 97 Points Driven by Demand for Chip, AI, and Robotics Stocks; HUA HONG SEMI Gains 5%
Market Performance: The Hong Kong stock market saw a rebound with the HSI rising 0.4% to 26,585, driven by the US-Europe dispute over Greenland and a total market turnover of HKD250.451 billion.
AI and Tech Stocks Surge: The launch of the new DeepSeek model, MODEL1, boosted AI and chip-related stocks, with notable gains from companies like SENSETIME-W and INSILICO, while some stocks like UNISOUND experienced declines.
Chinese Exports Growth: China's exports in December increased by 6.6% year-on-year, surpassing the previous value of 5.9% and exceeding forecasts of 3%.
Mixed Performance Among Major Tech Firms: BIDU-SW launched a new AI feature and saw a 3.3% stock increase, while other tech giants like TENCENT and JD-SW had modest gains, and NTES-S faced a significant decline of 3.7%.
G Sachs Anticipates Continued Growth for SENSETIME-W's Generative AI Revenue, Establishes Target Price at HKD3.53 with Buy Rating
Company Outlook: Goldman Sachs is optimistic about SENSETIME-W's expansion into multi-modal foundational models, which could improve cost-to-performance ratios and increase application opportunities.
AI Development: SenseTime's self-developed AI foundational model, SenseNova, and its AI infrastructure are key to its growth as a leading generative AI software company.
Revenue Growth: The broker anticipates that SenseTime's generative AI revenue will thrive due to its extensive product offerings and tailored solutions for specific industries.
Investment Rating: Goldman Sachs maintains a Buy rating for SENSETIME-W, setting a target price of HKD3.53.
HSI Closes Up 239 Points; BABA-W Jumps Over 3%; DONGFENG GROUP Soars Approximately 7%
Market Performance: The HSI rose by 239 points (0.9%) to close at 26,848, with the HSCEI and HSTECH also showing gains, while total market turnover reached HKD315.192 billion.
Technology Sector Highlights: Notable gains were seen in BABA-W (+3.6%) and ALI HEALTH (+2.8%), while some AI stocks like SENSETIME-W and WEIMOB INC experienced declines of 4.9% and 4.5%, respectively.
Chip Stocks Movement: Chip stocks faced losses, with BIREN TECH and ILUVATAR COREX dropping 7.7% and 8.9%, while ASMPT and COWELL saw gains of 3.6% and 8.1%.
Automotive Sector Developments: Supported by a new tariff deal between China and the EU, BYD COMPANY and other car manufacturers like GWMOTOR and XPENG-W saw increases, while XIAOMI-W declined by 2%.
