CITIC Lyon: CHINASOFT INT'L (00354) Expected to See 109% YoY Growth in AI Business This Year, Maintains "Outperform" Rating

Stock News

09/18

CITIC Lyon issued a research report stating that CHINASOFT INT'L (00354) participated in an investor forum last week and shared a more optimistic outlook. The group's management expects its AI business to grow 109% year-on-year this year, which will help improve gross margins. The report indicates that CHINASOFT INT'L believes the government's goal is to build smart cities based on the HarmonyOS system. The company has already signed contracts with the Xi'an government and has other projects in progress. The firm maintains its "outperform" rating on CHINASOFT INT'L with a target price of HK$7.5.

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The group's management expects its AI...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1518":"SaaS概念","BK1589":"北水核心资产","BK1526":"科网股","BK1586":"云计算","BK1155":"信息科技咨询与其它服务","00354":"中国软件国际"},"translate_title":"中信里昂：中软国际(00354)预计今年AI业务同比增长109%，维持“跑赢大市”评级","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00354":1},"content_text":"CITIC Lyon issued a research report stating that CHINASOFT INT'L (00354) participated in an investor forum last week and shared a more optimistic outlook. The group's management expects its AI business to grow 109% year-on-year this year, which will help improve gross margins. The report indicates that CHINASOFT INT'L believes the government's goal is to build smart cities based on the HarmonyOS system. The company has already signed contracts with the Xi'an government and has other projects in progress. 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