Movement Alert|KINGDEE INT'L Rises 5.55% in Regular Trading, Interim Results Review Approaching with Multiple Institutional Catalysts

Market Focus08-05 10:29

On August 5, KINGDEE INT'L rose 5.55% in regular trading, reaching HK$9.035 per share with turnover of HK$155 million.

On the news front, the company's board of directors is scheduled to convene on August 11 to review interim results for the first half and discuss dividend distribution, pushing market expectations higher as the earnings delivery window approaches. The company previously issued a positive profit alert, forecasting H1 revenue growth of 13%-14% year-over-year to RMB 3.608-3.639 billion, with net profit attributable to shareholders of RMB 40-60 million, marking a turnaround from a loss of RMB 98 million in the prior-year period. The improvement is attributed to economies of scale in its subscription business and AI-driven efficiency gains.

Meanwhile, UBS recently upgraded the company to \"Buy\" with a target price of HK$9.8, citing sustained benefits from operating leverage following years of subscription model transformation, with AI monetization providing additional upside. JPMorgan increased its holdings by approximately 13.94 million shares in July at HK$7.04 per share, while the company completed the cancellation of 34.92 million repurchased shares on July 24, reducing issued shares to 3.515 billion.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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