TOPIC

/ company

SenseTime

Hong Kong-listed SenseTime is one of China's top artificial intelligence companies specialising in facial and image-recognition technology.

Chairman / President

Xu Li

CEO / Managing Director

Xu Li

CFO / Finance Director

Wang Zheng

Industry

Artificial Intelligence technology

Website

sensetime.com

Headquarters address

8th Floor, Building 3, No. 1 Wangjing East Road, Chaoyang District, Beijing, China

Stock Code

SEHK:0020

Year founded

2014

The first robot dog products unveiled on Thursday by Ace Robotics, a new venture of SenseTime. Photo: Handout

Artificial intelligence

SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

The Chinese AI pioneer also releases first robot dogs under new venture Ace Robotics.

19 Dec 2025 - 2:51PM

Artificial intelligence

Rapid advances in China’s AI video space lead to widespread tech adoption

16 Dec 2025 - 9:00PMvideocam

IPO

China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

15 Dec 2025 - 1:29PM

Artificial intelligence

Less hype, more hardware: SenseTime banks on multimodal AI to regain its edge

SenseTime may have slipped from the spotlight as one of China’s “AI dragons”, but its tilt at multimodal, real-world AI hints at a comeback.

11 Dec 2025 - 8:12AM

SenseTime co-founder and chief scientist Lin Dahua. Photo: Vincent Chow

Education in Hong Kong

Wife of SenseTime’s late founder donates HK$20 million via new Hong Kong charity

Sophie and Sean Foundation to carry out wish of Tang Xiao’ou to give back to community, with three universities in city among those to benefit.

10 Dec 2025 - 7:41PM

Artificial intelligence

Cambricon, SenseTime team up to support China’s tech self-reliance efforts

The two companies intend to promote ‘a new indigenous AI development paradigm’.

16 Oct 2025 - 10:00AM

US-China relations

After years of US sanctions, how is Xinjiang’s economy doing?

Chinese scholars say the measures have led to job losses and shrinking profits for some firms, but the region shows resilience.

13 Sep 2025 - 7:38AMvideocam

Artificial intelligence

Exclusive | SenseTime on fast track to profitability thanks to spin-offs, Beijing support

SenseTime attributes its financial progress to spinning off noncore operations and support from Beijing.

1 Sep 2025 - 9:01AM

Artificial intelligence

SenseTime’s AI growth surges, as China advances nationwide initiative

The company attributes the results to ‘tremendous growth’ in demand for training, fine-tuning and inference of generative AI models.

28 Aug 2025 - 8:37PM

Artificial intelligence

Tech sector hails Beijing’s AI blueprint as local chip, server firms set to gain

The State Council has set a goal of achieving an adoption rate of intelligent devices and AI agents of at least 70 per cent by 2027.

27 Aug 2025 - 9:00PM

Beijing’s decision to implement AI in research, industry and consumption has further boosted confidence in the sector. Photo: Shutterstock Images

Robotics

Beijing’s E-Town offers subsidies to robot buyers as China embraces humanoids

A festival marks the launch of a new shop specialising in robot purchases and maintenance, which is scheduled to open on Friday in E-Town.

4 Aug 2025 - 7:00PM

Robotics

China’s humanoid robots put on a show as Tesla’s Optimus kept behind glass

The humanoid robot market segment is seeing demand from enterprises gather speed, as some manufacturers start mass production this year.

30 Jul 2025 - 12:22AMvideocam

Artificial intelligence

WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

That number accounted for more than 40 per cent of the 3,755 total AI models known worldwide, according to data from the Shanghai conference.

1 Sep 2025 - 4:56PMvideocam

Artificial intelligence

WAIC Shanghai: Tencent, SenseTime unveil latest AI models to stir up rivalry

Big Tech companies are banking on their artificial intelligence businesses to deliver the next wave of revenue streams.

27 Jul 2025 - 6:33PMvideocam

Artificial intelligence

Shanghai expo sets stage for US-China face-off in heated AI race

Business leaders who will speak at the main forum include former Google CEO Eric Schmidt, MiniMax founder Yan Junjie and SenseTime CEO Xu Li.

25 Jul 2025 - 6:00PM

An AI sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, July 6, 2023. Photo: Reuters

Banking & finance

SenseTime, Mengniu join wave of Chinese firms tapping capital markets

The AI firm raises US$318 million through a share subscription, while the dairy giant issues US$489 million in bonds.

24 Jul 2025 - 5:03PM

Artificial intelligence

Hong Kong’s financial centre status gives it an edge in AI market, experts say

SenseTime chief financial officer Wang Zheng says ‘having easy access to capital is extremely important’ for AI companies.

10 Jul 2025 - 11:28AM

Alibaba

Alibaba unveils new AI model for more precise image creation

Qwen VLo adds to the intense competition in China’s AI landscape, where Alibaba has pursued an open-source approach to gain users.

28 Jun 2025 - 5:00PMvideocam

Alibaba’s headquarters on the outskirts of Hangzhou, Zhejiang province in eastern China. Photo: Reuters

Cryptocurrency

Hong Kong family office VMS Group makes first foray into cryptocurrency

With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.

24 Jun 2025 - 2:47PM

US-China tech war

How Huawei’s silicon strategy defies US sanctions, advances China’s AI ambitions

Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates.

23 Jun 2025 - 11:57AM

Artificial intelligence

China’s AI race heats up as SenseTime, ByteDance unveil model updates

The two companies are the latest to join DeepSeek, Baidu and Alibaba in enhancing their AI services amid intense market competition.

13 Jun 2025 - 7:04PM

An ad in Hong Kong for BytePlus, a ByteDance cloud computing platform featuring AI services. Photo: Eugene Lee

Artificial intelligence

The SMC: what to see at the Shanghai AI incubator visited by Xi Jinping

The Chinese president toured the Shanghai Foundation Model Innovation Centre on Tuesday to highlight the country’s vast potential in AI.

1 May 2025 - 10:00AM

An AI sign at the Shanghai Foundation Model Innovation Centre. Photo: Wency Chen

US-China tech war

Chinese AI and robotics start-ups respond to Xi’s self-reliance call

The Chinese president met representatives from several AI and robotics start-ups during a visit to Shanghai.

30 Apr 2025 - 6:00PM

Artificial intelligence

SenseTime to expand computing power amid surging AI model demand

Co-founder Yang Fan expects capacity to grow by up to triple digits annually over the next two years amid surging generative AI demand.

12 Apr 2025 - 10:00AM

Artificial intelligence

China’s SenseTime bets on new AI training method to stand out

Its latest SenseNova V6 and V6 Reasoner models have outperformed competing products from OpenAI, CEO Xu Li says.

11 Apr 2025 - 6:00PM

SenseTime CEO Xu Li speaks at the launch event of the SenseNova V6 models in Shanghai on Thursday. Photo: Handout

AI: Companies

SenseTime’s 2024 loss narrows even as it misses analysts’ forecasts

The company reported net loss of 4.3 billion yuan (US$592 million) in 2024, compared with estimate of 4 billion yuan loss.

27 Mar 2025 - 4:47PM

Artificial intelligence

Video | Hong Kong-listed SenseTime to spin off healthcare platform

SenseTime says rapid advancements in large language models are transforming AI in the medical field

27 Jan 2025 - 6:26PM

Artificial intelligence

Chinese AI start-up MiniMax intensifies competition with new open-source models

The release, which includes foundational and multimodal models, comes weeks after rival DeepSeek set a new standard with its own open-source models.

16 Jan 2025 - 7:00AM

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SenseTime﻿

SenseTime pushes open-source AI model to provide a ‘smart brain’ for every robot

The Chinese AI pioneer also releases first robot dogs under new venture Ace Robotics.

Rapid advances in China’s AI video space lead to widespread tech adoption

China’s generative AI tiger MiniMax pursues Hong Kong IPO to expand global reach

Less hype, more hardware: SenseTime banks on multimodal AI to regain its edge

SenseTime may have slipped from the spotlight as one of China’s “AI dragons”, but its tilt at multimodal, real-world AI hints at a comeback.

Wife of SenseTime’s late founder donates HK$20 million via new Hong Kong charity

Sophie and Sean Foundation to carry out wish of Tang Xiao’ou to give back to community, with three universities in city among those to benefit.

Cambricon, SenseTime team up to support China’s tech self-reliance efforts

The two companies intend to promote ‘a new indigenous AI development paradigm’.

After years of US sanctions, how is Xinjiang’s economy doing?

Chinese scholars say the measures have led to job losses and shrinking profits for some firms, but the region shows resilience.

.css-sioo19{color:#c79a00;}Exclusive | SenseTime on fast track to profitability thanks to spin-offs, Beijing support

SenseTime attributes its financial progress to spinning off noncore operations and support from Beijing.

SenseTime’s AI growth surges, as China advances nationwide initiative

The company attributes the results to ‘tremendous growth’ in demand for training, fine-tuning and inference of generative AI models.

Tech sector hails Beijing’s AI blueprint as local chip, server firms set to gain

The State Council has set a goal of achieving an adoption rate of intelligent devices and AI agents of at least 70 per cent by 2027.

Beijing’s E-Town offers subsidies to robot buyers as China embraces humanoids

A festival marks the launch of a new shop specialising in robot purchases and maintenance, which is scheduled to open on Friday in E-Town.

China’s humanoid robots put on a show as Tesla’s Optimus kept behind glass

The humanoid robot market segment is seeing demand from enterprises gather speed, as some manufacturers start mass production this year.

WAIC Shanghai: China reveals new great leap forward with 1,509 AI models

That number accounted for more than 40 per cent of the 3,755 total AI models known worldwide, according to data from the Shanghai conference.

WAIC Shanghai: Tencent, SenseTime unveil latest AI models to stir up rivalry

Big Tech companies are banking on their artificial intelligence businesses to deliver the next wave of revenue streams.

Shanghai expo sets stage for US-China face-off in heated AI race

Business leaders who will speak at the main forum include former Google CEO Eric Schmidt, MiniMax founder Yan Junjie and SenseTime CEO Xu Li.

SenseTime, Mengniu join wave of Chinese firms tapping capital markets

The AI firm raises US$318 million through a share subscription, while the dairy giant issues US$489 million in bonds.

Hong Kong’s financial centre status gives it an edge in AI market, experts say

SenseTime chief financial officer Wang Zheng says ‘having easy access to capital is extremely important’ for AI companies.

Alibaba unveils new AI model for more precise image creation

Qwen VLo adds to the intense competition in China’s AI landscape, where Alibaba has pursued an open-source approach to gain users.

Hong Kong family office VMS Group makes first foray into cryptocurrency

With about US$4 billion in assets under management, VMS plans to allocate up to US$10 million to strategies run by hedge fund Re7 Capital.

How Huawei’s silicon strategy defies US sanctions, advances China’s AI ambitions

Huawei is expected to ship about 700,000 Ascend AI processors in 2025, according to Mizuho estimates.

China’s AI race heats up as SenseTime, ByteDance unveil model updates

The two companies are the latest to join DeepSeek, Baidu and Alibaba in enhancing their AI services amid intense market competition.

The SMC: what to see at the Shanghai AI incubator visited by Xi Jinping

The Chinese president toured the Shanghai Foundation Model Innovation Centre on Tuesday to highlight the country’s vast potential in AI.

Chinese AI and robotics start-ups respond to Xi’s self-reliance call

The Chinese president met representatives from several AI and robotics start-ups during a visit to Shanghai.

SenseTime to expand computing power amid surging AI model demand

Co-founder Yang Fan expects capacity to grow by up to triple digits annually over the next two years amid surging generative AI demand.

China’s SenseTime bets on new AI training method to stand out

Its latest SenseNova V6 and V6 Reasoner models have outperformed competing products from OpenAI, CEO Xu Li says.

SenseTime’s 2024 loss narrows even as it misses analysts’ forecasts

The company reported net loss of 4.3 billion yuan (US$592 million) in 2024, compared with estimate of 4 billion yuan loss.

.css-rcruog{color:#C79A00;}Video | Hong Kong-listed SenseTime to spin off healthcare platform

SenseTime says rapid advancements in large language models are transforming AI in the medical field

Chinese AI start-up MiniMax intensifies competition with new open-source models

The release, which includes foundational and multimodal models, comes weeks after rival DeepSeek set a new standard with its own open-source models.

SenseTime

Exclusive | SenseTime on fast track to profitability thanks to spin-offs, Beijing support

Video | Hong Kong-listed SenseTime to spin off healthcare platform