KINGDEE INT'L (00268) saw its stock price surge 5.72% during intraday trading on Friday, outperforming the broader market. The movement aligns with the strong performance of SaaS (Software as a Service) concept stocks in the Hong Kong market.
The rally follows Meta's announcement of a multi-billion dollar acquisition of the AI agent product Manus, which has effectively revalued the Agents market. Analysts note that capital is now flowing towards companies with real-world applications, deliverable products, and sustainable subscription revenue, benefiting SaaS players like KINGDEE INT'L.
Additionally, institutions highlight a paradigm shift from traditional SaaS towards Agentization, where vertical software giants leveraging AI agents are reconstructing workflows. This shift positions AI as a core productivity engine, enhancing efficiency and driving growth for companies like KINGDEE INT'L.
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