Movement Alert|KNOWLEDGE ATLAS Rises 5.53% in Regular Trading, Multiple Brokerages Maintain Bullish Ratings as Computing Infrastructure Lands

Market Focus
Jul 23

On July 23, KNOWLEDGE ATLAS rose 5.53% in regular trading, trading at 1218.0 HKD/share, with turnover of 7.64 billion HKD. The stock continued its recovery trajectory following a deep pullback from prior highs.

On the news front, multiple international investment banks have recently issued supportive calls on the company. Haitong International significantly raised its target price from 1,200 HKD to 2,300 HKD, reaffirming an Outperform rating at 30x projected FY2027 price-to-sales ratio. JPMorgan maintained its Overweight rating, while CLSA also reiterated its Outperform rating. The consensus view holds that the company will maintain domestic leadership in the next model cycle, sufficient to support continued ARR expansion.

Additionally, the company recently completed the construction of a 1GW-class domestic AI computing data center using entirely domestically produced AI chips, and finalized the acquisition of Zhongke Jiahe, a top-tier AI heterogeneous computing software firm. Market participants view these moves as addressing two critical shortcomings in computing supply and computing utilization, reinforcing the company's full-stack AI competitive positioning and supporting the ongoing share price recovery.

(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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