On July 20, Kingdee International rose 5.07% in regular trading, trading at HK$7.02/share, with turnover of HK$56.19 million.
On the news front, Kingdee International showcased its enterprise AI operating system Lingji at the World Artificial Intelligence Conference (WAIC) on July 19, introducing its Digital Employee concept under the philosophy of humans setting goals while AI executes. The accelerated commercialization of its AI product ecosystem attracted significant market attention. Additionally, Huazhu Group recently signed a strategic cooperation agreement with Kingdee to co-develop AI-powered smart finance solutions for the hotel industry, validating the company's large-client expansion capabilities.
On the fundamental side, the company previously issued a positive profit alert forecasting a turnaround to profit for H1, with revenue expected to grow 13%-14% year-over-year to RMB 3.61-3.64 billion and net profit of RMB 40-60 million versus a loss of RMB 98 million a year prior. JPMorgan recently increased its stake by approximately 13.94 million shares at HK$7.04 per share, raising its holding to 7.1%, while BlackRock also raised its position above 7%, providing sustained institutional support.
(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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