Kingsoft's strong conversion of profit to free cash flow is a positive sign. The company's statutory profit may understate its earnings potential. Despite losses last year, it managed to profit this year. However, a full understanding of the company requires considering more than just these factors.
China's National Press and Publication Administration (NPPA) recently released another batch of 105 domestic online game approval numbers (banhao) for December, versus 87 in November. The number of approvals this time surpassed 100 for the first time, with wider scope of coverage.$Tencent(TCEHY.US)$'s ADRs in the U.S. soared 3.5% overnight, an upsurge of more than 7% from the closing price of HK$274 in Hon...
1. China's CSI 300 Index to Include More Tech Firms China's CSI 300 Index, akin to the S&P 500, is set to include more technology-related companies in its bi-annual review. This move reflects China's evolving economy driven by technological advancements. Chip industry leaders like Cambricon Technologies, Empyrean Technology, and Hygon Information Technology will be added, aiming to balance the index, currently skewed towards fina...
High insider ownership at Kingsoft indicates its run with all shareholders in mind. However, more insider shares sold than bought last year, combined with their significant holdings, might concern investors.
AI Framework Ecological Summit 2023 will be held in Shanghai this Friday (16th). In Mainland China, stocks with AIGC concept, ChatGPT concept and AI chipmakers surged 2.5%-3.5%, way more than the increments of almost 0.2% and 0.8% in Shanghai Composite Index and Shenzhen Component Index. As to HK-listed AI concept stocks,$YIDU TECH(02158.HK)$logged the sharpest gain of 11.5% to $5.62.$CHINA LIT(00772.HK)$regained 8.7% to $34.95. $SENSETIME-W(00020.HK)$reverted ...
$KINGSOFT(03888.HK)$ KGI has a TA target of 36. Kingsoft Corporation is an investment holding company. The Company operates its business through two segments. The Online Game segment mainly engages in the research, development and operation of online games and mobile games, as well as the provision of game licensing services. The Office Software and Services segment mainly engages in the design, research and development, and sales and marketing of the office software products and services. The C...
KSO AUG4 Forum
$Hang Seng TECH Index(800700.HK)$ busted below the 20 and 10MAs to bottom at 3,627, and last at 3,630, down 2.3%. $Hang Seng Index(800000.HK)$ also miss...
The number of approvals this time surpassed 100 for the first time, with wider scope of coverage. $Tencent(TCEHY.US)$ 's ADRs in the U.S. soared 3.5% overnight, an upsurge of more than 7% from the closing price of HK$274 in Hon...
China's CSI 300 Index, akin to the S&P 500, is set to include more technology-related companies in its bi-annual review. This move reflects China's evolving economy driven by technological advancements. Chip industry leaders like Cambricon Technologies, Empyrean Technology, and Hygon Information Technology will be added, aiming to balance the index, currently skewed towards fina...
$BIDU-SW(09888.HK)$ , with its interim net profit spiking 3x YoY to RMB11.035 billion beating estimates, opened 1.6% higher.
$KUAISHOU-W(01024.HK)$ , with its 2Q non-IFRS adjusted profit turning positive, added 0.2% at $62.6. $GDS-SW(09698.HK)$ , given ...
UOBKH: China Internet (Market Weight) – Tencent, Baidu, Alibaba, Kingsoft - Alpha Edge Investing
$TENCENT(00700.HK)$ $BABA-SW(09988.HK)$ $BIDU-SW(09888.HK)$ $KINGSOFT(03888.HK)$ $Baidu(BIDU.US)$ $Alibaba(BABA.US)$
As to HK-listed AI concept stocks, $YIDU TECH(02158.HK)$logged the sharpest gain of 11.5% to $5.62. $CHINA LIT(00772.HK)$ regained 8.7% to $34.95.
$SENSETIME-W(00020.HK)$ reverted ...
KGI has a TA target of 36.
Kingsoft Corporation is an investment holding company. The Company operates its business through two segments. The Online Game segment mainly engages in the research, development and operation of online games and mobile games, as well as the provision of game licensing services. The Office Software and Services segment mainly engages in the design, research and development, and sales and marketing of the office software products and services. The C...
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