HK Hot Stock Analysis: Black Sesame Intelligent (02533.HK)

Black Sesame Intelligent (02533.HK) is a Hong Kong-listed semiconductor company that made it to the East Money App Hong Kong Stock Popularity List on December 2, 2025. As of 16:08:54, the current share price was HK$19.830, up 0.30% from the previous closing price [0]. The stock has recently attracted attention mainly due to two industry developments: 1) On November 19, it entered into a strategic cooperation with Jiangsu Zhichi Zhiyuan Holdings, focusing on automotive optical communication technology, intelligent driving, and advanced packaging technology [0]; 2) On November 11, its Huashan A1000 chip was applied to the ‘Chuanxing Zhiyuan’ S6 series, a low-speed unmanned vehicle brand under Desay SV [0]. Additionally, the overall momentum of the semiconductor sector may have also boosted the stock’s popularity.

In terms of price and volume, the stock opened at HK$19.770 that day, reached a high of HK$20.200, a low of HK$19.610, and had a trading volume of 65,660 shares [0]. Regarding analyst sentiment, as of November 25, 63% of analysts gave a buy rating, 13% gave a hold rating, and 13% gave a sell rating, with an average target price of HK$24.15 [0]. On the same day, Bernstein maintained a sell rating, while Huatai Securities reaffirmed a buy rating, indicating divergent market views [0].

1. Drivers of Popularity
   : The stock’s hot status is mainly driven by industry-specific cooperation and product launch events, rather than the company’s own financial performance. Despite poor financial data, its layout in the automotive intelligent driving chip field and cooperation with leading industry enterprises have increased market attention.
2. Analyst Divergence
   : Contradictory rating results reflect different market expectations for the company’s future—some analysts are optimistic about its growth potential in the automotive semiconductor sector, while others are concerned about its ongoing financial losses.

• Risks
  : The company has significant financial risks such as a negative TTM P/E ratio, a profit margin of -284.06%, and a year-on-year net profit decline of -7237.98% [0].
• Opportunities
  : Through strategic cooperation with enterprises like Jiangsu Zhichi Zhiyuan Holdings, the company’s layout in the automotive intelligent driving chip market has been strengthened. If industry demand grows, it is expected to drive its business development; at the same time, the overall positive trend of the semiconductor sector may also provide support for the stock.

Black Sesame Intelligent (02533.HK) made it to the Hong Kong Stock Popularity List due to recent industry cooperation and product launch events. Although analysts mainly give buy ratings and there are clear industry growth opportunities, the company faces severe financial challenges. Investors should consider its industry layout and financial status comprehensively before making decisions.