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Zhitong Hong Kong Stock Analysis | Two major reasons drive the rebound, and the Doubao visual large model ignites AI.
Below freezing point, the markets in both regions have finally rebounded a bit.
In 2024, Hong Kong stocks: The Hang Seng Index reached a new high in nearly four years, and the net Inflow of southbound funds exceeded 700 billion.
① How does the overall trend of the Hong Kong stock market perform in 2024? ② What role does southbound capital play in the Hong Kong stock market in 2024? ③ What is the perspective of Institutions for 2025?
Is Kingsoft Cloud (KC) Outperforming Other Computer and Technology Stocks This Year?
Kingsoft Corporation Limited's (HKG:3888) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Hong Kong stocks movement | Kingsoft Cloud (03896) is currently up over 5%. The revenue contributions from KINGSOFT and Xiaomi are expected to increase. UBS Group states that the market underestimates potential growth.
Kingsoft Cloud (03896) is currently up over 5%, as of the time of writing, it has risen by 6.11%, priced at 4.86 Hong Kong dollars, with a transaction amount of 0.284 billion Hong Kong dollars.
Bank of America Securities: Recommend "Buy" for KINGSOFT (03888) and KINGDEE INT'L (00268), with both Target Prices adjusted upwards.
Bank of America Securities raised Kingsoft's target price from 38 HKD to 45 HKD and raised Kingdee's target price from 11.1 HKD to 13.2 HKD.
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