SenseTime 0020.HK down to HK$2.38 on 02 Feb 2026: AI investors eye 17.23% one-year upside

We closed with SenseTime Group Inc. (0020.HK) at HK$2.38, down 6.30% on 02 Feb 2026 after heavy volume of 616,368,350 shares on the HKSE in Hong Kong. The pullback arrived as investors reassessed AI sector momentum after UBS raised MSCI EM forecasts citing China AI strength source. We see the move as price discovery in a high-growth AI stock, with earnings due on 24 Mar 2026 and analysts watching revenue and margin trends closely for signs of durable monetisation.