HAIZHI TECH GP's stock surged 5.48% during intraday trading on Friday, following the release of a positive research report from Haitong International.
The brokerage initiated coverage on the company with an "Outperform" rating and set a target price of HKD 90.70. This represents significant potential upside compared to its previous closing price. Haitong International defines HAIZHI TECH GP as "China's first AI Harness stock," highlighting its evolution into industrial-scale AI Agent deployment and positioning it as an enterprise AI operating system play comparable to Palantir.
The report details the company's two-tier AI Harness architecture and notes the rapid revenue growth of its Atlas Agent business. A potential near-term catalyst mentioned is the company's expected inclusion in the Hong Kong Stock Connect program in June, which could broaden investor access and support a valuation re-rating.
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