Hong Kong Stock Hot Pick Analysis: Black Sesame Intelligence (02533.HK)

Black Sesame Intelligence (02533.HK) is a technology company focusing on automotive-grade intelligent driving chips, with a current market capitalization of approximately HK$1.228 billion and a latest share price of HK$19.50 [1]. Recently, the company has become a hot stock in the Hong Kong market due to its expansion into the embodied intelligence field. Key progress includes the launch of the “SesameX Full Brain Intelligent Platform” and the announcement of the first batch of robot partners, migrating automotive-grade safety technology to the robot field [2].

In terms of price and volume, on December 3, 2025, the company’s share price rose by 5.4%, reaching a high of HK$19.90 and a low of HK$18.40. The daily trading volume was 8.9595 million shares, lower than the 30-day average volume (14.216 million shares), indicating that the rise was mainly driven by news rather than large capital inflows [1]. For medium-to-long-term performance, the year-to-date increase is 32.29%, outperforming the Hang Seng Index over the same period [1].

The company’s expansion from intelligent driving chips to the embodied intelligence field is a core highlight. This not only opens up new growth space but also reflects the potential of its technology for cross-domain applications. The migration of automotive-grade safety technology provides a differentiated competitive advantage for the robot business, and the 130+ partner resources accumulated in the intelligent driving field also provide a potential customer base for the embodied intelligence business [2]. In addition, the average institutional target price of HK$24.41 has a 25% upside potential compared to the current price, further boosting market expectations for the company [1].

: The company’s latest 12-month earnings per share are -HK$2.91, and it has not yet achieved profitability. Sustained losses may affect stock price stability; the intelligent driving chip and robot fields face competition from giants like NVIDIA and Mobileye, with high technical iteration risks; the embodied intelligence business is in the early stage, and there is uncertainty in commercialization progress. If the implementation is less than expected, it may lead to a stock price correction [2].

: Both intelligent driving chips and embodied intelligence are high-growth tracks, and the company has great imagination space for cross-domain technology extension; the popularity on the Hong Kong Stock Popularity List of the East Money App shows a significant increase in attention from individual investors [1].

Black Sesame Intelligence (02533.HK) has recently become a hot stock in Hong Kong due to its expansion into the embodied intelligence field. The core catalysts are the launch of the SesameX platform and the landing of partners. The company’s share price rose by 5.4% on the day, but the trading volume was lower than the average level. Investors need to pay attention to factors such as the company’s profitability, technology implementation progress, and industry competition pattern.