Market Performance: The HSI rose by 1.4% to close at 26,608, with significant gains in the HSCEI and HSTECH, which increased by 1.9% and 3.1% respectively, and total market turnover reached HKD306.223 billion.
Regulatory Investigation: China's State Council's Anti-Monopoly and Anti-Unfair Competition Committee announced an investigation into the food delivery platform service industry, impacting companies like MEITUAN-W.
Tech Stock Rally: AI and software stocks surged, with notable increases from BIDU-SW and KUAISHOU-W, following news of a new AI model release by DeepSeek, while other tech stocks like TENCENT and BILIBILI-W also saw significant gains.
Chip and Automotive Stocks: Chip stocks like BIREN TECH and ILUVATAR COREX experienced substantial growth, while automotive companies such as BYD and XPENG-W saw moderate increases, with XPENG reportedly preparing for a listing in Hong Kong.
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.
