Black Sesame Begins Coverage with an Underperform Rating at Bernstein
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 02 2025
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- Analyst Rating: Bernstein has given Black Sesame an Underperform rating with a price target of HK$16.
- Capital Concerns: The company is expected to frequently raise capital, which may lead to dilution of shareholder value.
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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.





