The Zhitong Finance App learned that UBS released a research report saying that the fundamentals of Kingdee International (00268) continued to improve, the rating was raised from “neutral” to “buy”, and the target price rose slightly from HK$9.7 to HK$9.8. The main idea is that after years of subscription transformation, the company will continue to benefit from operating leverage, and AI monetization or efficiency improvements will bring additional upward potential. The bank believes that with its public cloud infrastructure and huge customer base, the company is expected to grasp emerging AI needs.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.