SenseTime-W's stock experienced a significant decline of 5.15% during intraday trading on Friday, extending recent losses for the AI technology company.
The sharp drop reflects sustained pressure on the broader AI application sector, which has been facing valuation corrections. According to market analysis, Southbound funds have been consistently reducing their holdings in SenseTime-W, with net selling occurring on 17 out of the last 20 trading days, resulting in cumulative net selling of approximately 617 million shares.
This persistent capital outflow, combined with intensive selling activity across the AI industry chain as industrial capital locks in floating gains, has created substantial downward pressure on the stock. The weakness extends beyond SenseTime-W to other AI-related companies, indicating broad-based sector pressure that continues to suppress investor risk appetite in the near term.
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