Movement Alert|SENSETIME-W Rises 3.32% in Regular Trading, Raccoon AI Product Iteration and AI Programming Market Ranking Boost Sentiment

Market Focus
Sep 18

On September 18, SENSETIME-W rose 3.32% in regular trading, trading at HKD 1.245/share, with turnover of approximately HKD 66.94 million.

On the news front, SenseTime recently launched the mobile app for its AI office agent Raccoon, supporting voice interaction and cross-device collaboration. Additionally, the latest IDC report ranked Raccoon third in China's AI programming market share, covering over 100 programming languages and mainstream development environments including VS Code and IntelliJ IDEA. The product's capabilities span requirement analysis, architecture design, coding, and testing verification, positioning it as a comprehensive software productivity platform.

From an earnings perspective, SenseTime reported its first-ever IFRS net profit of RMB 617 million in the first half, with generative AI revenue accounting for nearly 80% of total revenue. Recurring revenue surged 124.4% year-over-year to RMB 1.145 billion, representing 39.3% of group revenue. Revenue reached RMB 2.91 billion, up 23.4%, while gross margin improved 2.9 percentage points to 41.4%. The combination of continued product iteration and confirmed market positioning has supported positive market sentiment.

(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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