Market Performance: The HSI fell 0.1% to 26,558, while the HSCEI and HSTECH also experienced declines of 0.3% and 0.4%, respectively, with a total half-day turnover of $131.628 billion.
Chip Stocks Surge: External memory chip stocks saw significant gains, with Disco hitting the day limit and ASMPT rising 6%, while other chip stocks like HUA HONG SEMI and INNOSCIENCE also posted positive performances.
Tech Stock Movements: KINGDEE INT'L surged 3.2% on profit expectations, while BIDU-SW rose 4.2% after positive forecasts from JPMorgan; however, major players like TENCENT and MEITUAN-W saw slight declines.
Economic Indicators: China's unemployment rate remained stable at 5.1%, and the Loan Prime Rate for January 2026 was unchanged at 3.00%, aligning with forecasts.
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: 14.160
Low
Averages
High
Current: 14.160
Low
Averages
High
Jefferies
maintain
$22.54
2026-01-22
New
Reason
Jefferies
Price Target
$22.54
AI Analysis
2026-01-22
New
maintain
Reason
Jefferies maintained a Buy rating on KINGDEE INT'L (00268.HK) due to several key factors:
1. Strong Revenue and Profit Growth: The company announced a 12.5% revenue growth for 2H25 and a significant 135% increase in net profit for the same period, aligning with Jefferies' forecasts and market expectations.
2. Positive Future Outlook: Jefferies anticipates that after achieving break-even in 2025, Kingdee's profits will enter a strong growth trajectory, estimating a compound annual growth rate (CAGR) of 70% for net profit over the next three years.
3. Resilience Against AI Disruption: The broker believes that Kingdee's ERP system is deeply integrated with customer processes and core data, making it less likely to be disrupted by AI technology. Additionally, the company's proactive development of its own AI products supports this view.
4. Top Pick in the Sector: Kingdee is considered Jefferies' top pick in the Chinese software sector, reinforcing their positive outlook on the stock.
These factors contributed to Jefferies' decision to maintain a Buy rating with a target price of HKD22.54.
Citi Research
NULL -> Buy
maintain
$18.3
2026-01-22
New
Reason
Citi Research
Price Target
$18.3
2026-01-22
New
maintain
NULL -> Buy
Reason
The analyst rating for KINGDEE INT'L (00268.HK) was reiterated as "Buy" by Citi Research for several reasons:
1. Revenue Growth: The company is expected to achieve total revenue of approximately RMB6.95-7.05 billion in 2025, reflecting a year-over-year growth of about 11.1-12.7%, which aligns with both Citi Research's expectations and the company's prior forecasts.
2. Profitability: KINGDEE is anticipated to swing to a net profit of RMB60-100 million in 2025, a significant turnaround from a net loss of RMB142 million in 2024. This performance is in line with Citi's expectations, although it falls short of market consensus.
3. Market Position: The company is recognized as a high-quality software provider that is poised to benefit from the ongoing AI-SaaS transformation wave expected in 2026.
These factors contribute to a positive outlook, justifying the "Buy" rating and a target price of $18.3.
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BofA Securities
BofA Securities
Buy
maintain
$20.2
2026-01-22
New
Reason
BofA Securities
BofA Securities
Price Target
$20.2
2026-01-22
New
maintain
Buy
Reason
The analyst rating for KINGDEE INT'L has been maintained as "Buy" by BofA Securities due to several positive factors. The company issued a positive profit alert, projecting a 12% year-over-year growth in FY25 operating revenue to RMB7 billion, with adjusted net profit expected to reach RMB215 million. These figures align with market consensus and BofA's expectations. The solid revenue growth is attributed to strong expansion in the large enterprise business and an anticipated improvement in downstream demand, particularly from SMEs in the latter half of FY25. BofA Securities has set a target price of HKD20.2 for the stock.
M Stanley
M Stanley
Buy
maintain
2026-01-09
Reason
M Stanley
M Stanley
Price Target
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.
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.
