On August 5, CHINASOFT INT'L rose 5.28% in regular trading, trading at HK$3.99/share, with turnover of approximately HK$97.67 million.
On the news front, the company previously announced that its board of directors will convene on August 20 to review unaudited results for the six months ended June 30 and consider interim dividend distribution, generating near-term earnings and dividend expectations. Meanwhile, the company's AI-related cooperation continues to provide momentum, having recently signed a Token revenue-sharing and joint innovation agreement with Moonshot AI under its Moon Landing Plan to co-establish an FDE Innovation Lab focused on enterprise-level Agentic AI.
Guoxin Securities maintained an outperform rating on the company, noting that Token call volume continues to grow with domestic model adoption rising rapidly, providing broad market opportunities. Separately, the chairman increased his stake by 3 million shares in early June at an average price of HK$4.022, reflecting confidence in the company's long-term prospects. Guoyuan International assigned a buy rating with a target price of HK$5.65, forecasting revenue of RMB 18.19 billion and net profit of RMB 584 million for the current fiscal year.
(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.)
Comments