MARKETINGFORCE's stock surged 8.65% during intraday trading, reflecting strong investor interest in the company. The movement aligns with a broader rally in the Hong Kong market's cloud computing and AI application sector.
The surge was fueled by multiple factors including overnight strength in US AI software peers like Snowflake, MongoDB, and Datadog, which signaled a capital rotation from AI hardware to AI software and applications. As a pure-play enterprise AI marketing SaaS platform, MARKETINGFORCE benefited from this positive sentiment spillover.
Additionally, the company recently signed a strategic cooperation agreement with Muxi Semiconductor to secure domestic GPU-based computing power for its AI infrastructure and intelligent agent applications. Fundamentally, MARKETINGFORCE reported impressive financials with full-year revenue growth of 80.8% and Q1 AI application revenue surging approximately 110.5% year-over-year, with AI application revenue now exceeding 50% of total revenue.
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