Movement Alert｜Chinasoft International Falls 5.12% in Regular Trading, Profit-Taking Continues After Computing Power Business Announcement

On June 5, Chinasoft International fell 5.12% in regular trading, trading at HKD 4.13/share, with trading volume of HKD 104 million. The stock marked a second consecutive session of decline following its June 3 announcement of entering the computing power business.

On the news front, the company announced plans to procure high-end AI servers and deploy three business models: computing hardware resale, computing power leasing, and Token sales. While the strategic move initially lifted shares over 4% on June 4, the stock reversed sharply that same session and continued to slide. Southbound capital has cumulatively net-sold 26.24 million shares over the past five trading days, intensifying selling pressure. Meanwhile, Morgan Stanley previously slashed its target price to HKD 2.60, reflecting cautious institutional sentiment.

On fundamentals, the company's full-stack AI business achieved 109.2% revenue growth, yet annual attributable profit declined 36.7% year-over-year to RMB 321 million, indicating ongoing transformation headwinds. Guoyuan International maintains a Buy rating with a HKD 5.65 target, forecasting gradual profit recovery through 2028, though near-term uncertainty around the computing power business remains.

(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.)