Core Viewpoint - Goldman Sachs released a report indicating that the Chinese government's recent policy on "Artificial Intelligence+" is expected to enhance AI commercialization and ecosystem expansion, which will benefit SenseTime's generative AI business development [1] Group 1: Policy Impact - The Chinese government's policy is anticipated to boost consumer spending on AI, positively impacting SenseTime's business [1] - Goldman Sachs has raised SenseTime's target price from HKD 1.83 to HKD 2.72 and upgraded its rating from "Neutral" to "Buy" [1] Group 2: Company Performance - SenseTime's revenue for the first half of the year exceeded expectations, showing a year-on-year growth of 36% [1] - The management reported a strong growth in generative AI business, with a year-on-year increase of 73%, driven by productivity and interactive tools [1] Group 3: Future Projections - With favorable policy support and a comprehensive product portfolio, Goldman Sachs holds an optimistic view on SenseTime's generative AI business, projecting that revenue contribution will rise from 64% in 2024 to 91% by 2030 [1]
高盛：升商汤-W(00020)评级至“买入”目标价升至2.72港元