HK Stock Market Move | KINGDEE INT'L (00268) is currently up more than 9%. The company's business realization logic is strengthening, with growth prospects better than comparable overseas companies.

KINGDEE INT'L (00268) is now up over 9%, increasing by 9.25% to HK$9.09 at the time of writing, with a turnover of HK$274 million. On the news front, recently, KINGDEE INT'L released the first AI-native mobile application in the domestic enterprise management field, the Cangqiong APP. This application is based on Kingdee's self-developed large model and AI agent technology architecture, which is expected to lead Chinese enterprise management software into the AI-native era, accelerating the digital transformation of Chinese enterprises. In addition, KINGDEE INT'L held the "Lion City Sailing - Kingdee Cloud AI Innovation Release Conference and Kingdee Singapore Opening Ceremony" in Singapore, officially announcing the opening of Kingdee Singapore and the completion of the data center. Zheng Securities previously stated that KINGDEE INT'L is currently at a key stage of transition from "cloud service-oriented" to "comprehensive cloud service." With the increasingly mature industry landscape, the business monetization logic is strengthening. Considering the strong background of the domestic manufacturing industry and the continuous acceleration of enterprise digitalization, coupled with the favorable competitive landscape created by the background of domestic substitution, the company is actually superior in terms of growth potential compared to overseas comparable companies that have entered a mature stage.