Movement Alert|KINGDEE INT'L Rises 5.12% in Regular Trading, SaaS Sector Rally and Multiple Catalysts Fuel Gains

Market Focus
Sep 15

On September 15, KINGDEE INT'L rose 5.12% in regular trading, trading at HK$7.935 per share, with turnover of approximately HK$64.51 million. The stock advanced amid a broad-based rally in the SaaS sector, with peers including China Software International and Kingsoft also gaining 3–4%.

Multiple catalysts supported the upward momentum. Citi recently highlighted that AI monetization in China's IT services and software sector is beginning to materialize, naming KINGDEE INT'L among its top picks. Additionally, BlackRock disclosed a significant stake increase in late August, purchasing approximately 20.64 million shares at around HK$8.56 per share for a total of approximately HK$177 million, raising its holding to 12.4%.

On the fundamental side, the company reported H1 revenue of RMB 3.625 billion, up 13.6% year-over-year, swinging to a profit from a loss in the prior period. AI-native product revenue reached RMB 296 million, surging 189% year-over-year, with subscription revenue within that segment jumping 282.9%. Multiple brokerages, including CMBI, CITIC Securities affiliate, and Bank of America, have maintained buy ratings, citing accelerating AI commercialization and improving profitability.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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