云知声（09678.HK）今日盘中大跌5.14%，股价走势引发市场关注。这一显著跌幅与公司昨日晚间发布的2025年中期业绩报告密切相关。
根据云知声发布的财报，公司2025年上半年实现营收4.05亿元（人民币，下同），同比增长20.2%。然而，公司股东应占亏损达2.97亿元，同比扩大16.4%，每股基本亏损4.28元。尽管公司在AI技术和市场渗透方面取得进展，但持续扩大的亏损似乎引发了投资者的担忧。
值得注意的是，云知声的山海大模型业务表现亮眼，收入同比大幅增长457.4%，达到9876万元。公司还在AI芯片销售、医疗解决方案等领域取得进展。但这些积极因素似乎未能完全抵消市场对公司盈利能力的担忧，导致股价承压。分析人士指出，投资者可能需要看到公司在保持收入增长的同时，能够有效控制成本、缩小亏损，才能重建信心。
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