Research Reports digging for gold | Zheshang: The commercialization of Beijing Kingsoft Office Software, Inc. AI applications is expected to exceed expectations, maintaining a 'Buy' rating.

Zheshang recently pointed out in its Research Reports that Beijing Kingsoft Office Software, Inc (688111.SH) is a leading domestic office Software provider, with WPS positioned as the entry point for office scenarios. With WPS Lingxi integrating into the DeepSeek R1 large model, the company's AI application commercialization is expected to exceed expectations. As of June 30, 2024, Beijing Kingsoft Office Software, Inc's main products have a monthly active device count of 0.602 billion, and the total annual paid individual users is 38.15 million. With the outstanding WPS product experience after integrating Deepseek, there is hope for further enhancement in monthly active and paid user numbers. The company is expected to provide more usage opportunities to users at a lower price.

Gelonghui FinanceFeb 24 02:32 ET

Huachuang Securities: The popularization of AI programming assistants drives a revolution in development efficiency.

The AI programming market is experiencing a technology-driven explosion, with breakthroughs in large model programming capabilities driving the evolution of tool forms from code completion to the development of intelligent agents.

Zhitong FinanceFeb 19 03:00 ET

Open-source Securities: WeChat tests the integration of DeepSeek, promising to accelerate the prosperity of the domestic AI ecosystem.

Open Source Securities believes that the strong collaboration between WeChat and DeepSeek will accelerate the penetration of AI in consumer scenarios and promote the continuous strengthening of domestic AI model capabilities.

Zhitong FinanceFeb 16 21:00 ET

CITIC Securities: Upgraded KINGSOFT's rating to High Confidence "Outperform Market", Target Price raised to 57.1 HKD.

CITIC Securities released a research report stating that the rating of KINGSOFT (03888) has been upgraded to a high confidence "outperform the market" because the firm sees fundamental improvements in the gaming and cloud Business, along with policy-driven local development, and the more intelligent and cheaper AI model catalyst brought by DeepSeek. However, the Target Price has been raised by 53% from HKD 37.2 to HKD 57.1. The firm indicated an increase of 4-5% in KINGSOFT's revenue forecast for the fiscal year 2025-26 to reflect strong performance in online gaming. Based on the forecast changes, Beijing Kingsoft Office Software, Inc (688111.SH) and Kingsoft Cloud (03896

Sina Hong Kong Stock.Feb 13 23:13 ET

Daihua Jixian: Maintain weight on mainland Internet stocks and recommend "Buy" BABA-SW, TENCENT, KINGSOFT.

Daiwa Capital Markets released a research report maintaining equity weights for mainland Internet stocks, urging to "Buy" BABA-SW (09988), TENCENT (00700), and KINGSOFT (03888). Furthermore, the firm maintains a "Buy" rating on KINGSOFT and raises the Target Price to HKD 55, owing to the commercialization of Beijing Kingsoft Office Software, Inc and the opening of ecosystems for multiple LLMs, which enhances the company's efficiency and reduces costs. The firm stated that the emergence of the DeepSeek model has triggered significant changes in the AI industry, attracting investor attention and widespread interest from developers in China's AI industry, due to the lower deployment costs of large language models.

Sina Hong Kong StockFeb 12 04:05 ET

Minsheng Securities: Why is SaaS the first activated direction for DeepSeek?

DeepSeek accelerates the process of AI equality; consensus has formed globally that cloudification must come before AI implementation. Business service Saas is expected to usher in development opportunities far beyond the Telecommuting era.

Zhitong FinanceFeb 11 04:02 ET

Tianfeng: Model Equalization, Focus on High Barrier Agents.

The differentiation of industry application value empowered by AI mainly depends on three major barriers: the user base and strong user stickiness; vertical data and data flywheel; strong payment ability and scenes that urgently require "deep thinking".

Zhitong FinanceFeb 10 03:20 ET

Debon Securities: The Year of the Explosion of Model Distillation Technology Accelerates AI Equality.

Domestic computing power is expected to undergo a value reassessment amid the explosion of inference computing power.

Zhitong FinanceFeb 7 02:03 ET

China Merchants: DeepSeek promotes high-performance AI, and the prosperity and development of the AI ecosystem boost computing power demand.

In the long term, the power of DeepSeek should bring the Jevons Paradox at the computing power level, and the overall prosperity of the AI application ecosystem should lead to a greater demand for inference computing power.

Zhitong FinanceFeb 6 03:29 ET

Hong Kong stock movement | Kingsoft Cloud (03896) rose over 8% before noon, with the stock price reaching a new historical high. Beijing Kingsoft Office Software, Inc. is conducting interface testing with Deepseek.

Kingsoft Cloud (03896) rose over 8% in the morning, reaching a high of 8.88 HKD, setting a new historical high. As of the time of this report, it is up 8.17%, priced at 8.87 HKD, with a trading volume of 1.178 billion HKD.

Zhitong FinanceFeb 5 22:58 ET

AVIC Securities: DeepSeek impacts the Global market, domestic Technology awaits reevaluation.

With the Global effect triggered by DeepSeeK, the value of domestic Technology companies in our country is expected to gain higher attention. It is recommended to actively deploy AI tools and edge AI segments.

Zhitong FinanceFeb 5 03:31 ET

HAITONG SEC: AI accompanies the rapid growth of the market, opening up scenarios for emotional large models.

Emotional large models empower customer service, Education, Medical health, Entertainment and many other industries and fields, with models that combine EQ and IQ set to open the human-machine companionship market in the next 2-3 years.

Zhitong FinanceFeb 5 02:09 ET

Research Reports on tapping into opportunities丨Zheshang: Maintains a "Buy" rating for Beijing Kingsoft Office Software, Inc, benefiting in the short term from improvements in Xinchuang.

Zheshang Research Reports points out that Beijing Kingsoft Office Software, Inc (688111.SH) is a core symbol for new infrastructure & AI applications, benefiting in the short term from improved new infrastructure and positively viewed in the medium term for AI-driven subscription transformation and new growth brought by HarmonyOS. Beijing Kingsoft Office is the only domestic office software manufacturer that can be compared with Microsoft in terms of functionality and user base. The large user base and the network effects brought by collaborative products create a solid barrier for the company; 2) Compared to Microsoft Office, WPS has advantages in new infrastructure adaptation and localization, firmly occupying the domestic market. Trusted symbols include China National Software & Service, DM Database, and Ninestar Corporation, as well as leading AI application companies.

Gelonghui FinanceJan 23 02:29 ET

Tianfeng: From Internet Plus-Related to Cloud and then to AI, the three major investment opportunities under AI Agent.

In the short term (1 to 2 months), if the environment continues to improve, the Computer Index may lead; in the medium to long term (1 year), the overall performance of the Sector may outperform the Index, but it is still necessary to pay attention to the matching of corporate fundamentals and valuations, as well as to track policy and technological evolution.

Zhitong FinanceJan 19 02:29 ET

The downward trend is intensifying, yet foreign capital is "overweighting A-shares."

On Monday, the A-shares continued the decline from last week, the Index broke down, and funds were sold off. The market stands at a crossroads once again! As panic spreads, foreign investment bank Goldman Sachs goes against the trend and remains bullish, citing that as the market declines, Bearish factors are gradually being cleared. As the saying goes, when Bearish sentiment is exhausted, it turns into Bullish sentiment. Goldman Sachs recommends continuing to overweight A-shares. Investors should pay attention to the opinions of major investment banks, but what deserves even more attention is how to choose an investment direction with broad growth prospects; if the direction is right, returns will inevitably follow. Speaking of this direction, AI cannot be avoided. In the past month, there have been many catalysts for AI, first with open.

Gelonghui FinanceJan 13 20:33 ET

Beijing Kingsoft Office Software, Inc CEO Zhang Qingyuan: Let AI become the central nervous system of every enterprise | Voices of AI Leaders ・2025

① In the past year, Beijing Kingsoft Office Software, Inc found the right direction in the field of AI: it should leverage its expertise at the application level, as future AI large models will definitely be implemented through applications; ② In the future, the goal of Beijing Kingsoft Office Software, Inc is to make AI the central nervous system of every enterprise, helping businesses establish their own 'corporate brain.'

cls.cnJan 7 05:43 ET

HAITONG INT'L: Initiates coverage of KINGSOFT with an “Outperform” rating and a Target Price of HKD 46.85.

HAITONG INT'L published a research report stating that it is initiating coverage on KINGSOFT (03888) with an "outperform" rating, expecting revenue from 2024 to 2026 to be 10.192 billion, 12.271 billion, and 14.829 billion yuan respectively, with year-on-year growth rates of 19.4%, 20.4%, and 20.8%; net income attributable to the parent company is expected to be 0.873 billion, 1.645 billion, and 2.335 billion yuan respectively, with year-on-year growth rates of 80.5%, 88.5%, and 41.9%; earnings per share are projected to be 0.65, 1.23, and 1.75 yuan, with a target price of 46.85 HKD. The report states

Sina Hong Kong Stocks.Jan 6 03:27 ET

The number of daily active devices for WPS Office on PC in the domestic market has surpassed 0.1 billion, marking a new chapter for domestic Software.

Beijing Kingsoft Office Software, Inc announced today that WPS Office's daily active devices in the domestic PC segment have surpassed 0.1 billion, marking a new chapter for domestic office Software. Beijing Kingsoft Office Software, Inc expressed special gratitude to every "one in a hundred million," thanking each user for their support. Your usage and feedback have strengthened our mission and confidence and are the driving force behind more than thirty years of iterative product upgrades. It is your collective support that, as I turn 37, has allowed me to become an office Software with daily active users exceeding one hundred million. Grateful for the 'one hundred million' who have been with us, writing history and witnessing it together. In the new year, change will continue to be embraced for everyone.

Gelonghui FinanceJan 1 02:06 ET

Beijing Kingsoft Office Software, Inc (688111.SH): Granted 0.199 million restricted stocks to the incentive recipients.

On December 27, Gelonghui reported that Beijing Kingsoft Office Software, Inc (688111.SH) announced that the company reviewed and approved the proposal regarding the reserved grant of restricted stocks for the incentive objects of the 2024 restricted stock incentive plan, determining December 27, 2024, as the reserved grant date, granting 0.199 million shares of restricted stocks to 26 incentive objects.

Gelonghui FinanceDec 27, 2024 04:40 ET

Open-source Securities: The turning point for AI agents has arrived, with both B2B and B2C flourishing.

AI agent applications will flourish in multiple areas in 2025.

Zhitong FinanceDec 25, 2024 03:30 ET