On August 11, KINGDEE INT'L rose 5.65% in regular trading, trading at HKD 9.27/share, with turnover of HKD 138 million.
On the news front, the company's board of directors is scheduled to convene on August 11 to review and approve its interim results for the six months ended June 30 and to discuss interim dividend distribution. The company previously issued a positive profit alert, forecasting H1 revenue growth of 13%-14% year-over-year to RMB 3.61-3.64 billion, and a turnaround to net profit of RMB 40-60 million from a loss of RMB 98 million in the prior-year period. Management attributed the improvement to economies of scale in its subscription business and AI-driven efficiency gains.
On the institutional front, UBS recently upgraded KINGDEE INT'L from Neutral to Buy with a target price of HKD 9.80, citing sustained operating leverage benefits post-subscription transition and additional AI monetization upside. Bank of America maintains a Buy rating with a target price of HKD 13.90, highlighting continued profitability improvement driven by rising subscription revenue mix and AI-enabled operational efficiency.
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