Stock Track | SenseTime-W Soars 6.02% in Intraday Trading on Shanghai AI Policy and Seko Base Launch

Stock Track

06/01

SenseTime-W's stock surged 6.02% during intraday trading on Monday, reflecting significant investor interest in the AI company.

The sharp rise appears driven by two major developments: Shanghai's new AI Micro-Short Drama policy offering substantial funding support for qualified projects, and SenseTime's official launch of its Seko industrial base in Shanghai.

Shanghai's policy provides up to 10 million yuan in funding covering 20% of R&D investment for AI micro-drama projects, along with computing power subsidies. Meanwhile, SenseTime's Seko base leverages over 40,000P of computing power and has established partnerships with multiple universities to build an AI innovation ecosystem.

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