Market Performance: The Hang Seng Index (HSI) rose by 149 points (0.6%) to close at 26,085, while the HSCEI and HSTECH also saw gains, closing at 9,198 and 5,662 respectively, with a total market turnover of HKD210.473 billion.
Constituent Changes: INNOVENT BIO will be added to the HSI next week despite a 1.7% drop, while YUM CHINA, which is set to join the HSCEI, fell by 1.6%. LEAPMOTOR and ASMPT showed slight increases as they prepare for index changes.
Tech Stock Movements: Notable tech stocks like BIDU-SW surged by 5% amid news of a spin-off, while other major players like Tencent dipped slightly. Robotics stocks also performed well, with significant gains reported.
Financial Sector Gains: Chinese financial stocks, particularly insurers like CHINA TAIPING and PING AN, experienced substantial increases, with gains of over 6%, indicating a positive trend in the financial sector.
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.