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Changes in Hong Kong stocks | Shangtang-W (00020) rose more than 5%, and the company's business restructuring generative AI business revenue and share are expected to continue to rise
Shangtang-W (00020) rose more than 5%. As of press release, it rose 5.08% to HK$0.62, with a turnover of HK$884.926 million.
Zhitong FinanceApr 16 23:39 ET
[Broker Focus] CITIC Construction Investment maintains Shang Tang (00020) “buy” rating, indicating that the revenue and share of the generative AI business is expected to continue to increase
Jin Wu Financial News | According to the CITIC Construction Investment Research Report, in 2023, Shangtang (00020) achieved revenue of 3.406 billion yuan, a year-on-year decrease of 11%, and realized gross profit of 1,501 billion yuan, corresponding to a gross profit margin of 44.06%, a year-on-year decline, achieving a net loss of 6.44 billion yuan to the mother, an increase over the previous year. The company redivided the business segment and clarified the three major business directions: generative AI, traditional AI, and smart cars. Among them, generative AI revenue reached 1,184 billion yuan, a year-on-year increase of 200%, accounting for 35% of the Group's total revenue. The scale of traditional AI business was drastically reduced, and revenue declined
金吾財訊Apr 16 03:04 ET
Zhitong Hong Kong Stock Short Selling Statistics|April 15
Hong Kong Stock Short Selling Statistics|April 15
Zhitong FinanceApr 14 20:20 ET
SDIC Securities: What are the difficulties in implementing AI applications?
The big model is the “main track” of AI technology today. From ChatGPT to Sora and Kimi, the pattern of big model manufacturers at home and abroad is basically clear; however, the application of big models, as the “vanguard” of AI application implementation, “just hearing its voice and not seeing its people.”
Zhitong FinanceApr 8 22:26 ET
Shang Tang (00020)'s 2023 generative AI revenue was 1,184 billion yuan, and the synergy effect of “big device+big model” was evident
Zhitong Finance App News, on March 26, Shangtang Group (00020), the world's leading artificial intelligence software company, announced its 2023 results announcement. As of December 31, 2023, the Group achieved total revenue of 3.406 billion yuan, and core business generative AI revenue increased 200% to 1,184 billion yuan, accounting for 35% of the Group's total revenue. The performance of Shangtang's “Ririxin” large model has been rapidly improved, and Wanka Wanshen's large model training capabilities have been achieved, and it has reached the leading level in the country in terms of base models, multi-modality, programming and tool call, million-word lossless context, and small terminal models. Commercial soup set
Zhitong FinanceMar 26 06:01 ET
SENSETIME-W: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED DECEMBER 31, 2023
Futu NewsMar 26 05:59 ET · Announcements
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