Guotai Junan issued a research report initiating coverage on SENSETIME-W (00020.HK) 0.000 (0.000%) Short selling $22.57M; Ratio 14.748% , with rating at Overweight, and a target price of $2.25. Guotai Junan estimated that the Company's revenue will be RMB4.576 billion/ RMB6.005 billion/ RMB7.706 billion from 2024 to 2026, respectively. According to IDC's latest report, the scale of global and Chinese generative AI markets will reach US$150 billion and US$13 billion each in 2027, with a CAGR of 85.7%/ 86.2% from 2022 to 2027, which will become an important new growth point for the AI industry, Guotai Junan said. Related NewsCLSA Elevates SENSETIME-W (00020.HK) TP to $1.16, Rates HoldWith the forward-looking layout from computing infrastructure to foundation model implementation capability, the demand for AI terminal and multi-modal foundation model are expected to drive the business to record better-than-expected growth.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-05 16:25.)