Stock Performance Overview: Chinese software companies saw an average stock price increase of 16% in 2025, which is lower than the 23% rise in the MSCI China Index.
Future Demand Outlook: BofA Securities expresses a cautiously optimistic view for 2026, anticipating growth in software demand driven by AI monetization and software import substitutions, despite weak demand in some sectors.
Sector-Specific Ratings: The broker is positive on enterprise resource planning, photo editing, and office software sectors due to their growth potential, while remaining cautious on cybersecurity and real estate software.
Top Stock Picks: BofA's top stock recommendations include KINGDEE INT'L, MEITU, and KINGSOFT OFFICE, all rated as Buy, with detailed target prices provided in a separate table.
Wall Street analysts forecast 00268 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00268 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 00268 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 00268 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 16.680
Low
Averages
High
Current: 16.680
Low
Averages
High
M Stanley
M Stanley
Buy
maintain
Al Analysis
2026-01-09
Reason
M Stanley
M Stanley
Price Target
Al Analysis
2026-01-09
maintain
Buy
Reason
The analyst rating for KINGDEE INT'L (00268.HK) is "Buy," with a target price adjustment from HK$20.7 to HK$20.2. This rating is part of a broader analysis where BofAS has named KINGDEE INT'L, along with MEITU and KINGSOFT OFFICE, as top picks for Chinese software stocks. The positive rating suggests confidence in the company's performance and potential for growth in the software sector.
CLSA
CLSA
Outperform
maintain
$7.5
2025-10-13
Reason
CLSA
CLSA
Price Target
$7.5
2025-10-13
maintain
Outperform
Reason
The analyst rating from CLSA is based on the expectation of strong market sentiment for "domestic substitution" in the Chinese software industry following the announcement of US export controls on critical software to China. CLSA believes that, despite the lack of a clear definition for "critical software" and ongoing negotiations between the US and China, companies like CHINASOFT INT'L and KINGDEE INT'L are better positioned to benefit from this shift towards domestic alternatives. Therefore, both stocks are rated as "Outperform" with target prices set at HKD7.5 for CHINASOFT INT'L and HKD17.6 for KINGDEE INT'L.
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BofA Securities
BofA Securities
Buy
downgrade
2025-08-18
Reason
BofA Securities
BofA Securities
Price Target
2025-08-18
downgrade
Buy
Reason
DBS Group Research
DBS Group Research
Buy
maintain
2025-08-14
Reason
DBS Group Research
DBS Group Research
Price Target
2025-08-14
maintain
Buy
Reason
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
