China Merchants Securities International: Initiates coverage on Fanshi Intelligence (06682.HK) with "Overweight" rating, target price HK$65

Zhito Finance APP has learned that China Merchants Securities International has issued a research report stating that Paradigm Intelligence (06682.HK) is a rare independent third-party full-stack enterprise-level AI platform provider in China, with end-to-end capabilities. It has initiated coverage with an "Overweight" rating and a target price of HKD 65, believing that its independent third-party ecosystem position is scarce, the release of operating leverage will drive high profit growth, and the valuation is attractive.