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Hong Kong stocks are experiencing fluctuations | Chinasoft International (00354) is currently up over 5%. The native HarmonyOS version applications are continuously updated, and the company is fully benefiting from the development of pure HarmonyOS.
ChinaSoft International (00354) is now up over 5%. As of the time of this report, it has increased by 4.45%, priced at 5.16 Hong Kong dollars, with a transaction amount of 78.1618 million Hong Kong dollars.
The Three-year Loss for Chinasoft International (HKG:354) Shareholders Likely Driven by Its Shrinking Earnings
【Brokerage Focus】Citi rated China Soft International (00354) as "Neutral" and expects its 2024 revenue to achieve low single-digit year-on-year growth.
Goldsmith Financial News | Citibank's research report indicates that it is expected that ChinaSoft International (00354) will achieve low single-digit year-on-year growth in revenue in 2024, with net income slightly higher than last year. Citibank gives ChinaSoft International a "Neutral" rating, with a target price of 4.1 Hong Kong dollars, an expected ROI of -10.7%, a dividend yield of 2.2%, and a total return rate of -8.5%. The bank noted that ChinaSoft International participated in Citibank's China Technology and Telecom Enterprises Day event, releasing a lot of key information. In terms of emerging businesses, it has been covering digitalization, Cloud Computing Service, and other areas since its initiation in 2019. In 2023, it cooperated with Huawei on cloud.
[Brokerage Focus] Goldman Sachs: China’s subsidy policy for the Smart Phone Industry supports growth, paying attention to related supply chain companies.
Jinwu Finance | Goldman Sachs released a research report on China's Smart Phone industry on January 4, 2025. The report pointed out that the National Development and Reform Commission of China announced on January 3 that it will expand the scope of national subsidies in 2025 to cover Smart Phones, tablets, and smartwatches. Previously, local governments had already launched Smart Phone subsidy policies ranging from 10% to 20% in 2024. Goldman Sachs expects that national subsidies will cover more Consumers, thereby boosting recent market demand, although the long-term product cycle still relies on technological upgrades (such as 6G in 2030) or design changes (such as foldable Smart Phones).
Why We're Not Concerned About Chinasoft International Limited's (HKG:354) Share Price
Chinasoft International (HKG:354) Seems To Use Debt Rather Sparingly