Omdia: Global video analytics software sales to reach $990 million in 2025, with high growth expected to continue over the next five years

Omdia projects that global sales of video analytics software will reach $1.7 billion by 2030, with a compound annual growth rate (CAGR) of 11.4% from 2025 to 2030.

Zhitong FinanceSep 4 13:43

The Hang Seng Index extended its early-session gains to over 560 points, while the Hang Seng Tech Index rose 3%, supported by heavyweight technology and financial stocks. Longfor Group (00960.HK) surged 8%.

U.S. stocks closed more than 1% higher across the three major indices on Wednesday (the 3rd), supported by Federal Reserve Governor Waller’s stance in favor of keeping interest rates unchanged. Market attention is now focused on the latest U.S. non-farm payrolls data to be released tonight. Major Asia-Pacific markets rose broadly this morning (the 4th): Japan’s Nikkei and South Korea’s KOSPI gained 0.75% and nearly 1.1%, respectively; mainland China’s A-share benchmark indices rose between 0.6% and 0.7%; Taiwan’s stock market advanced 0.7%; and Singapore’s Straits Times Index also rose 0.7%. Hong Kong stocks opened higher, with the Hang Seng Index initially up 302 points, or 1.2%, before extending gains. The index was last quoted at 25,779 points, up 566 points, or approximately 2.2%, with turnover reaching HK$70.025 billion. The Hang Seng China Enterprises Index rose 2.

AASTOCKSSep 4 10:26

Most stocks related to smart driving concepts rose, as Tesla officially unveiled the Cybercab and high-level autonomous driving in China advanced rapidly.

Most stocks related to autonomous driving concepts rose. As of press time, Youjia Innovation (02431) was up 10.83% at HK$3.48, and Hesai-W (02525) gained 10.17% to HK$18.85.

Zhitong FinanceSep 4 09:46

Express News | Greg Abel: AI data centers represent a significant opportunity for Berkshire Hathaway Energy; Buffett spearheaded the investment in Google.

Greg Abel, CEO of Berkshire Hathaway: Views AI data centers as a significant opportunity for Berkshire Hathaway Energy and is willing to meet the energy demands of hyperscale enterprise data centers. Buffett led Berkshire’s investment in Alphabet, with the bet driven by the company’s advantages in artificial intelligence.

BreakingsSep 2 18:47

Express News | Shanghai State-Owned Capital Investment Company, SenseTime, and others have established a private equity investment fund.

According to the Qichacha app, Shanghai Hanyuan Jingsi Private Equity Investment Fund Partnership (Limited Partnership) was recently established with a capital contribution of RMB 696 million. Its business scope includes engaging in equity investment, investment management, and asset management through private equity funds. Qichacha's equity penetration analysis shows that the partnership is jointly held by the Shanghai Jiao Tong University Education Development Foundation, Shanghai State-Owned Capital Investment Management Co., Ltd., Ningbo Shangyi Software Co., Ltd. (a subsidiary of SenseTime), and other entities.

BreakingsSep 2 10:48

It is time to update the labels associated with SenseTime (0020.HK).

When reviewing SenseTime’s semi-annual report, nearly everyone’s immediate focus lands on the milestone of “achieving its first net profit of RMB 620 million.” While turning a profit is certainly a landmark event in the AI industry, many observers glance only at the headline figures and categorize the company merely as a profitable large-model firm or even an AI software vendor. Such a judgment may be somewhat hasty. The newly introduced recurring revenue (RR) metric in the financial report offers a different perspective. Profitability is important, but RR is even more critical. In the first half of 2026, SenseTime’s recurring revenue reached RMB 1.14 billion, a year-on-year increase of 124.4%, accounting for nearly 40% of total revenue.

Gelonghui FinanceSep 1 09:49