Movement Alert｜Marketingforce Rises 5.09% in Regular Trading, Signs to Join Beijing Overseas Expansion Base with Orders Exceeding $1 Billion

Market Focus

Jul 08

On July 8, Marketingforce rose 5.09% in regular trading, trading at 34.34 HKD/share, with turnover of 141 million HKD. The rally was driven by news that the company was among 17 leading enterprises that collectively signed to join the Beijing Overseas Expansion Base.

During the Global Digital Economy Conference International Cooperation Forum on Overseas Expansion held on July 3 in Beijing Daxing District, the base's overseas co-built industrial parks were officially unveiled. Marketingforce and 16 other leading companies signed to enter the base, covering AI, big data, and intelligent manufacturing sectors, with total overseas orders exceeding $1 billion USD.

In addition, China Galaxy Securities recently initiated coverage with a Recommend rating, assigning a fair value range of 94.58-166.27 HKD per share. The brokerage forecasts revenue of 3.99/5.58/7.65 billion yuan for the next three fiscal years, with net profit growth of 181.5%/71.4%/78.5% respectively. The company's AI+SaaS business continues to deliver high growth, with Q1 AI application revenue increasing 110.5% year-over-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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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