News summary
Shangtime-W shares soared 10%1pounddepositcasino, to 11pounddepositcasino.54 Hong Kong dollars, with a turnover of 1.892 billion Hong Kong dollars. The company released the new SenseNova 5.0 model with excellent performance, which was favored by SDIC Securities and is confident in the company's technical capabilities, customer reputation and performance growth.
Newsletter text
[Shangtang-W's market value has seen significant growth, with the highest increase in its share price reaching 13%]
On the Hong Kong stock market, Shangtang-W (00020)'s share price showed a significant rise, with the highest increase reaching 13%. Trading data showed that as of the latest report, the company's share price has been raised by 10%, closing price is fixed at 1.54 Hong Kong dollars, and the cumulative turnover throughout the day has reached 1.892 billion Hong Kong dollars.
On the news level, Shangtang launched a new generation of "SenseNova 5.0" model on April 23. Its performance is on par with the industry's GPT-4Turbo and leads in many evaluations. SDIC Securities believes that with the gradual implementation of commercial application of generative AI technology, Shangtang is expected to gain more market shares based on its technical strength and market reputation, thereby promoting the company's performance growth.
Guotai Junan's research report pointed out that Shangtang Technology has built SenseCore, a leading AI computing power facility in China, which can support full-cycle production of large-scale parametric models. The company's rapidly iterating "Daily New" large model has excellent performance and can be compared with the internationally renowned product GPT4-Turbo. In addition, Shangtang has also taken the lead in developing small models suitable for a variety of terminals, and has continuously promoted the maturity of large image and video models, indicating that the growth in demand for AI terminals and multimodal large model markets in the future will bring more than expected performance improvement for the company.