On September 2, SENSETIME-W fell 3.51% in regular trading, trading at HKD 1.38 per share, with turnover of approximately HKD 98.59 million. The stock has been in a broad consolidation since August 27, as funds continue to lock in gains following the formal release of interim results.

On August 26, the company disclosed its first-half results, recording its first-ever IFRS net profit of RMB 617 million, with revenue of RMB 2.911 billion representing a 23.4% year-on-year increase and generative AI revenue accounting for 79.9% of total income. However, market concerns over earnings quality have continued to weigh on sentiment. After stripping out RMB 4.588 billion in equity investment gains during the period, the company's adjusted net loss still stood at RMB 386 million, indicating core operations have yet to reach profitability. Additionally, receivables aged over three years accounted for nearly 50% of total receivables, further fueling skepticism.

Having already surged nearly 9% on the August 17 profit warning, the market had largely priced in the positive earnings expectations. Since the formal results landed, sustained profit-taking has driven continued volatility.

(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.)