SenseTime Technology is included in the MSCI China Index, becoming the first AI company listed in Hong Kong to be incorporated into the index.

Summary: On the day MSCI announced its index review results, SenseTime’s stock price surged by 11.39% in early trading, reaching HKD 2.64 per share.

The Hong Kong tech sector has set a new growth benchmark, attracting global capital attention to China’s technological strength. Recently, the authoritative index provider MSCI (Morgan Stanley Capital International) announced its latest index review results. SenseTime Group-W (00020.HK) Class B shares were included in the MSCI China Index. This adjustment will officially take effect after the market closes on February 27.

As the “First AI Stock in Hong Kong” included in the MSCI China Index, SenseTime is expected to attract more international passive funds, further confirming the long-term value recognition of Chinese AI companies by capital markets. On the day of the review announcement, SenseTime-W (00020.HK) stock price rose sharply in early trading, closing at HKD 2.64 per share, up 11.39%.

The Value Logic Behind SenseTime’s Inclusion in MSCI: Turning the “Weather Vane” of Global Capital Allocation Toward China

MSCI indices are a “weather vane” for global capital allocation. Among them, the MSCI China Index is nested within the MSCI Emerging Markets Index, part of the MSCI Global Standard Index series. Due to its large passive fund tracking, it has become one of the most referenced Chinese indices by global investors.

Getting included in the MSCI China Index involves strict screening. According to MSCI standards, companies must have channels for international investors, and the index also pays special attention to the company’s industry competitive advantages and long-term value. Constituent companies must meet international standards, with clear voting rights structures and no excessive shareholding concentration.

In the current intensifying global tech competition, SenseTime’s inclusion in the MSCI China Index signifies international capital market recognition of its institutionalized, professional management, and reflects its position in the AI technology leadership race.

It is understood that SenseTime’s core advantage lies in its integrated “Big Device - Big Model - Application” strategy, enabling a full-stack closed-loop layout that shifts the company from technological leadership to commercial realization. This distinguishes it from other companies that focus solely on models or applications. The latest financial report shows that by the first half of 2025, the company’s generative AI revenue share has surged to 77%. Goldman Sachs further predicts this will rise to 91% by 2030. The combination of high growth potential and solid fundamentals forms a clear profit path and safety margin, which may be a key reason for its inclusion in the MSCI China Index.

Chinese AI Companies Attract International Investors; SenseTime, Tencent, and CATL Listed in MSCI Index

SenseTime’s inclusion in the MSCI China Index signals its core position in China’s and the global AI industry, likely attracting more long-term value investors and providing more stable capital market support for its long-term development.

According to MSCI data, as of July 2025, over USD 17 trillion in assets are benchmarked to MSCI indices, with passive funds exceeding USD 2 trillion. This means each index adjustment can trigger significant capital reallocation.

SenseTime’s inclusion in the MSCI China Index also has symbolic industry significance. Public information shows that companies included in MSCI indices before SenseTime mainly come from consumer electronics and internet giants, such as Apple, Microsoft, Nvidia, and Chinese companies like Tencent, Xiaomi, Meituan, and CATL. Being part of this index system not only demonstrates SenseTime’s technological strength, business model positioning, and governance standards passing international market scrutiny but also provides a foothold for Chinese AI firms in international capital markets, promoting long-term investment value assessment based on global standards.

Beyond technological application, the core narrative of AI’s future development is currently shaped mainly by Western institutions and companies. Chinese firms are still in the process of catching up in shaping global technological values and agendas. It is foreseeable that Chinese AI companies, represented by SenseTime, will gradually move from integration into the global system toward defining future rules.

(Edited by: Wang Lei)

【Disclaimer】This article reflects only third-party opinions and does not represent Hexun’s position. Investors operate at their own risk.

【Advertisement】This article only reflects the author’s personal views and is not affiliated with Hexun. Hexun’s website remains neutral regarding the statements and opinions expressed and does not guarantee the accuracy, reliability, or completeness of the content. Readers are advised to use this for reference only and bear all responsibilities themselves. Email: news_center@staff.hexun.com