On July 27, KINGDEE INT'L rose 5.15% in regular trading, trading at HK$7.34/share, with turnover of approximately HK$69.81 million.
On the news front, UBS upgraded the company's rating from \"Neutral\" to \"Buy\" on July 23, with target price raised to HK$9.8, citing continued benefits from operating leverage following years of subscription model transformation, with AI monetization offering additional upside potential. On July 24, the company completed cancellation of approximately 34.92 million repurchased shares, involving approximately HK$276 million, reducing total issued shares to approximately 3.515 billion.
Additionally, the company previously issued a positive profit alert, forecasting a turnaround from loss to profit in H1, with revenue expected to grow 13%-14% year-over-year to RMB 3.61-3.64 billion, driven by subscription revenue growth and strong AI-native product demand. Bank of America Securities and Jefferies both maintain \"Buy\" ratings with target prices of HK$13.9 and HK$18.09 respectively, reflecting broad institutional confidence in the company's profitability improvement trajectory.
(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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