Daiwa: Recommends a "shareholding" rating for kingsoft (03888), with the target price raised to HK$32.
UBS raised kingsoft's revenue forecast from 0.6% to 2.2% for the years 2021 to 2026.
Kingsoft (03888.HK) held a board of directors meeting on November 19 to review and approve the third quarter performance.
Gelonghui November 4th | kingsoft (03888.HK) announced that the company will hold a board of directors meeting on November 19, 2024 (Tuesday) to review and approve the unaudited performance of the company and its subsidiaries for the three months ending September 30, 2024.
KINGSOFT: NOTIFICATION OF BOARD MEETING
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.
Kingsoft (03888.HK) subsidiary Beijing Kingsoft Office Software, Inc. earned 1.04 billion RMB in the first nine months, an increase of 16.4%.
Kingsoft (03888.HK) announced that its subsidiary Beijing Kingsoft Office Software, Inc. (688111.SH) achieved revenue of 3.627 billion yuan in the first nine months, an annual increase of 10.9%. The attributable net profit to shareholders was 1.04 billion yuan, an increase of 16.4%, with an EPS of 2.25 yuan.
Kingsoft Reports Strong Financial Growth in 2024
Kingsoft (03888): Beijing Kingsoft Office Software, Inc (688111.SH) net income in the first three quarters increased by 16.41% year-on-year to 1.04 billion yuan.
kingsoft (03888) announced that its subsidiary, beijing kingsoft office software, inc (688111.SH), ...
INSIDE INFORMATION: KEY FINANCIAL INFORMATION AND INDICATORS OF BEIJING KINGSOFT OFFICE SOFTWARE, INC. FOR THE NINE MONTHS ENDED 30 SEPTEMBER 2024
HK Stock Market News | Kingsoft (03888) rose more than 3%, game business exceeded expectations, Daiwa expects its third-quarter performance to be strong.
kingsoft (03888) rose more than 3%, as of the deadline, up 2.81%, at 27.4 Hong Kong dollars, with a turnover of 0.125 billion Hong Kong dollars.
Daiwa believes that kingsoft (03888.HK) has about a 60-70% chance of rising in the next 30 days.
Morgan Stanley released a technical research report, expecting that Kingsoft (03888.HK) has a 60% to 70% probability of price increase in the next 30 days. The bank anticipates a strong performance in the third quarter for Kingsoft, mainly driven by the robust revenue contribution of the games "Containment Zone" and "JX3: Ultimate". Considering the high profit margins of these two games, as well as limited sales and marketing expenses, Morgan Stanley believes that Kingsoft's profit margin will improve, rating it as "shareholding" with a target price of 28 yuan.
Kingsoft And 2 Additional Growth Companies With Significant Insider Ownership
Volume surges again! Don't miss out on this round of technology bull run.
Renewed
CICC: Raised kingsoft (03888) target price to 35 Hong Kong dollars, maintaining 'outperform industry' rating.
Considering the better-than-expected performance of the gaming business, the revenue for 2024 and 2025 is adjusted upwards by 2% and 2% to 10.24 billion yuan and 11.58 billion yuan, respectively; Due to the better-than-expected improvement in operating profit margin, the forecast for net income attributable to the parent company is increased by 6% and 3% to 1.49 billion yuan and 1.78 billion yuan.
Kingsoft Cloud Holdings Limited's (NASDAQ:KC) Shares Leap 28% Yet They're Still Not Telling The Full Story
500 billion convenient business processes and operational details for exchange are all here! 20 brokerages and funds are ready.
The interest rate bonds obtained through swap transactions can only be pledged and cannot be sold; the pledge rate should not exceed 90% in principle. ChinaBond Inclusion monitoring is implemented, and the replenishment line is set at no less than 75%.
Big change in the wind! The technology boom is sweeping the market, and the Hong Kong stock semiconductor sector is booming across the board.
①With the sudden surge of the technology trend in the market, how do institutions view it? ②Hong Kong stocks' chip stocks are all surging, what bullish factors are fermenting?
Sudden movement hits network technology stocks in the afternoon, with Meituan up 9% leading the gains, and Hang Seng Technology Q3 profits expected to exceed expectations.
Network technology stocks rose in the afternoon session, as of the deadline, Meituan-W (03690) rose by 6.7% to 181.6 Hong Kong dollars; Ctrip Group-S (09961) rose by 5.38% to 477.8 Hong Kong dollars; Bilibili-W (09626) rose by 4.35% to 160.7 Hong Kong dollars; Kuaishou-W (01024) rose by 2.76% to 46.5 Hong Kong dollars.
Central Bank's major announcement! Reserve ratio cut, interest rate cut, officially launching share buyback and shareholding refinancing.
Pan Gongsheng stated that it is expected to carefully assess the market liquidity situation before the end of the year, and opportunistically further lower the deposit reserve ratio by 0.25-0.5 percentage points; reduce the open market 7-day reverse repurchase operation rate by 0.2 percentage points.
HSBC research: China's market focus may shift from policies to fundamentals, benefiting six industries.
HSBC Research report suggests that the market focus may shift from policy to fundamentals, and market momentum will return to stock selection. The bank details six industries benefitting from stimulus policies. HSBC Research elaborates on six industries benefiting from stimulus policies. From the consumer perspective: baijiu, household appliances, and furniture sub-industries will benefit from future consumption stimulus policies and consumer subsidies for trade-ins. Electronic consumer goods: the industry's supply chain is ready and can benefit from consumption stimulus policies. Industry: widespread equipment upgrades are expected to occur from the second half of this year to next year. Medical equipment: due to increased government public investment in hospital infrastructure to enhance social security
Unusual movement alert: network technology stocks rose across the board in early trading, with the prospect of policies promoting consumption and the possibility of further upward adjustment in internet plus-related company valuations.
network technology stocks rose across the board in early trading. As of the deadline, Ctrip Group rose 7.3% to HK$500; ke holdings rose 6.76% to HK$58.4; Meituan rose 5.69% to HK$194.9; alibaba rose 3.6% to HK$106.6.