Goldman Sachs released a research report stating that it maintains Shang Tang-W's “buy” rating and has a target price of HK$3.53 for 12 months. The company's generative AI accounted for 77% of revenue in the first half of 2025, mainly driven by private/public cloud and AI projects. Goldman Sachs expects the Group's generative AI revenue contribution to reach 91% by 2030. According to the report, Shangtang recently launched a variety of generative AI products, including AI script generation platforms, AI office assistants, and AI marketing agents, which focus on the enhanced function of generating higher quality content through one-click operation, and provide more cost-effective solutions based on local computing platforms.

Goldman Sachs released a research report stating that it maintains Shang Tang-W's “buy” rating and has a target price of HK$3.53 for 12 months. The company's generative AI accounted for 77% of revenue in the first half of 2025, mainly driven by private/public cloud and AI projects. Goldman Sachs expects the Group's generative AI revenue contribution to reach 91% by 2030. According to the report, Shangtang recently launched a variety of generative AI products, including AI script generation platforms, AI office assistants, and AI marketing agents, which focus on the enhanced function of generating higher quality content through one-click operation, and provide more cost-effective solutions based on local computing platforms.