AsianFin--Shares of SenseTime Group were suspended trading on the Hong Kong Stock Exchange after surging more than 30% on Wednesday, after the Chinese AI giant announced its latest generative artificial intelligence model SenseNova 5.0.

In response, SenseTime said in a press release that the company will further issue relevant announcements in accordance with listing rules and the advice of the exchange.

The major advancement in SenseNova 5.0 focuses on knowledge, mathematics, reasoning, and coding capabilities. SenseTime Chairman Xu Li also reportedly claimed SenseNova was better than OpenAI's GPT 4 in most general usage scenarios, particularly in Chinese-language usage scenarios.