Market Performance: The HSI closed down 393 points (1.5%) at 25,235, with the HSCEI and HSTECH also experiencing declines of 1.8% and 1.7%, respectively, and a total market turnover of HKD201.528 billion.
Tech Sector Declines: Major tech stocks like BABA-W, TENCENT, and MEITUAN-W saw losses of 2.96%, 1.08%, and 1.38%, respectively, with significant short selling activity across the sector.
Chip and Telecom Stocks: Chip stocks SMIC and HUA HONG SEMI fell by 1.93% and 1.49%, while telecom equipment stock ZTE dropped by 3.95%, indicating a broader trend of declines in these sectors.
Carmakers and Commodity Stocks: Carmakers such as BYD and XIAOMI experienced losses over 2%, while commodity stocks like JIANGXI COPPER and CHALCO also dipped between 2.25% and 3.3%, reflecting sensitivity to interest rates.
Wall Street analysts forecast 00020 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00020 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00020 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00020 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 2.480
Low
Averages
High
Current: 2.480
Low
Averages
High
CLSA
Outperform
maintain
$3
Al Analysis
2025-10-27
Reason
CLSA
Price Target
$3
Al Analysis
2025-10-27
maintain
Outperform
Reason
The analyst rating for SENSETIME-W (00020.HK) was influenced by several key factors outlined in the CLSA report. The primary reasons include:
1. Significant Reduction in Net Loss: The report predicts a 53% year-over-year reduction in adjusted net loss, projecting it to be RMB2.5 billion in FY25. This improvement is attributed to growth in generative AI revenue and a decline in operating expenses due to business restructuring.
2. Strategic Partnership: The partnership with CAMBRICON is expected to enhance SENSETIME-W's AI computing capabilities through the use of Chinese-made chips, which could further drive growth.
3. Increased Target Price: The target price for SENSETIME-W was raised from HKD1.85 to HKD3, reflecting a positive outlook on the company's future performance.
These factors collectively support the Outperform rating assigned to SENSETIME-W.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
