Understanding the Market | SenseTime-W Surges Over 6% Again, SenseTime Ririx 5.0 Outperforms GPT-4 Turbo in Chinese Context

SenseTime-W rose by over 6% again, with a cumulative increase of over 50% this week. As of the time of publication, it rose by 6.02% to HKD 0.88, with a turnover of HKD 4.16 billion. Haitong International released a report stating that SenseTime recently launched a 600 billion parameter large model "RiRiXin 5.0", which significantly improves knowledge, mathematics, reasoning, and coding capabilities, comprehensively benchmarking against GPT-4 Turbo. The report mentioned that "RiRiXin 5.0" not only benchmarks against GPT-4 Turbo but also outperforms it in the Chinese context. Due to the current ambiguity in the commercialization of generative artificial intelligence, it is believed that SenseTime is significantly undervalued. Considering the rarity of computing power infrastructure, valuation is made based on asset net worth, as the company's AI infrastructure and large language models are still far from generating profits. The report maintains an outperform rating with a target price of HKD 1.5, believing that it is well positioned in the GenAI boom