Express News | Kingdee Group President Zhang Yong: Based in Singapore, radiating Southeast Asia.
[Brokerage Focus] Guoyuan International: No need to worry about short-term fluctuations, internet technology is still advancing.
King's Wealth News | Guoyuan International stated that against the background of global economic recovery and declining financing costs, the outlook for the global economic growth rate in the fourth quarter remains stable, including rate cuts in the United States and Europe, uncertainties such as a soft landing of the US economy and the presidential election. China's economy is driven by growth targets and policy reinforcement, therefore the short-term market will enter a state of volatile growth, but internet and entertainment sectors with high performance and market resilience still have potential opportunities. With investors' continued expectations of favorable policies from the Ministry of Finance, market confidence is expected to be maintained in the medium to long term. The bank believes that the current investment targets in the internet sector should still focus on gaming going global and AI scenarios.
The Ministry of Industry and Information Technology of China: The total profit of the software industry in the first three quarters increased by 11.2% year-on-year.
The data released by the Ministry of Industry and Information Technology shows that in the first three quarters of this year, the total revenue and profits of the mainland software business were 9.83 trillion yuan and 1.16 trillion yuan respectively, with year-on-year growth of 10.8% and 11.2% respectively.
[Brokerage Focus] Guoyuan International believes that the investment targets in the internet-related sector should still focus on game globalization, AI scenario implementation, and the recovery of cloud computing service demand.
Jingu financial news | Guoyuan International stated that overall, with the overall valuation of Hong Kong stocks having been somewhat repaired, after the previous sharp rise, the large cap has started to consolidate downwards. Currently, there is some improvement in the wait-and-see sentiment of funds, and the trading volume of Hong Kong stocks continues to decline. However, the bank believes that the valuation is currently rebuilding the bottom. On a macroeconomic level, due to the current published economic data indicating weak economic recovery momentum, market funds are waiting for further policy implementation. If positive factors emerge in the future, such as improvement in macroeconomic data, release of favorable policies, improvement in corporate performance, etc., it may trigger a new round of market rebound. The bank believes that the current investments in the internet sector
Express News | kingdee int'l released the AI-native mobile app 'Cangqiong APP'.
Express News | Kingdee signed a strategic cooperation agreement with 11 companies including China Electronics Golden Credit, Tianyi Cloud.