HSTECH Rises 4% to Nearly 4-Year Peak; BABA-W's AI Chip Announcement Drives Sector Surge; SENSETIME-W Soars 18% After Midday
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2025
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Source: aastocks
Market Performance: The HSI reached a nearly four-year high, closing at 26,873, while the HSTECH also hit a four-year high, driven by significant trading volumes in AI-related stocks.
AI Chip Development: BABA-W's new AI chip has shown performance metrics that surpass Nvidia's A800 and are comparable to its H20 chip, leading to a surge in its stock price, which rose by 5.41% to HKD161.8.
Analyst Views on 00020
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.
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Current: 2.480
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Current: 2.480
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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.
