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New stock news | Yonyou Network Technology (600588.SH) plans to list in Hong Kong, with traditional Cloud Computing Service revenue growth slowing down.
Yonyou Network Technology (600588.SH) announced that the company is planning to issue Overseas shares (H shares) and list them on the Hong Kong Stock Exchange.
Express News | Yonyou Network Technology Says Co Is Planning Hong Kong Listing
Bank of America Securities: Domestic software companies are less affected by tariffs, with a preference to "Buy" KINGSOFT and others.
Bank of America Securities released a Research Report stating that it maintains a "Buy" rating on KINGSOFT (03888), with the Target Price lowered from HKD 53 to HKD 52. The firm covers a total of 15 software and cloud companies with uneven performance in 2024 (including profit warnings or preliminary results), of which 4 exceeded expectations, 2 met expectations, and 9 fell below expectations. Generally, the companies with strong performance mainly engage in office software or public cloud business, such as KINGSOFT, Beijing Kingsoft Office Software, Inc (688111.SH), and Kingsoft Cloud (03896), benefiting from the increasing contribution of AI revenue; while the cybersecurity and real estate software sectors are projected to be affected in 2024.
Yonyou Network Technology Co.,Ltd. (SHSE:600588) Analysts Are Cutting Their Estimates: Here's What You Need To Know
Yonyou Network Technology (600588.SH): A total of 2.4 million shares have been repurchased.
On April 1, Gelonghui reported that Yonyou Network Technology (600588.SH) announced that as of March 31, 2025, the total number of shares repurchased by the company was 2,400,690 shares, accounting for 0.07% of the company's current total share capital. The highest purchase price was 18.44 yuan per share, and the lowest purchase price was 9.92 yuan per share. The total amount paid was 25,766,855 yuan (excluding commissions and other transaction costs). The above repurchase progress complies with the laws and regulations and the requirements of the company's disclosed repurchase plan.
Further Weakness as Yonyou Network TechnologyLtd (SHSE:600588) Drops 3.6% This Week, Taking Five-year Losses to 54%
What Yonyou Network Technology Co.,Ltd.'s (SHSE:600588) 27% Share Price Gain Is Not Telling You
