Movement Alert|SenseTime-W Falls 3.33% in Regular Trading, AI Application Sector Under Sustained Pressure with Persistent Capital Outflows

Market Focus06-16

On June 16, SenseTime-W (00020.HK) fell 3.33% in regular trading, trading at HKD 1.46/share, with turnover of HKD 130 million.

On the news front, the AI application sector has been under sustained pressure recently, and SenseTime-W, as a core constituent of the sector, continued its adjustment trend. Despite the earlier inclusion in the MSCI China Index providing a temporary boost to market sentiment, southbound capital has reduced its holdings in SenseTime-W on 17 out of the past 20 trading days, with cumulative net selling of 617 million shares. The persistent capital outflow has exerted significant downward pressure on the stock price.

Within the Application Software sector, HORIZONROBOT-W fell 3.01%, KINGDEE INT'L fell 3.62%, PHANCY fell 3.50%, while 51WORLD edged up 0.09% and MININGLAMP-W gained 1.0%.

SenseTime Group is an AI infrastructure and large model R&D company, with businesses spanning generative AI, traditional AI, and intelligent automotive segments, providing model training, fine-tuning, inference services, and intelligent driving solutions.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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