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Analysts Have Lowered Expectations For Yonyou Network Technology Co.,Ltd. (SHSE:600588) After Its Latest Results
Yonyou Network Report for the First Quarter of 2025
Express News | Yonyou Network Technology Says Q1 Net Loss at 735.8 Mln Yuan
New stock news | Yonyou Network Technology (600588.SH) plans to list in Hong Kong, with traditional Cloud Computing Service revenue growth slowing down.
Yonyou Network Technology (600588.SH) announced that the company is planning to issue Overseas shares (H shares) and list them on the Hong Kong Stock Exchange.
Express News | Yonyou Network Technology Says Co Is Planning Hong Kong Listing
Bank of America Securities: Domestic software companies are less affected by tariffs, with a preference to "Buy" KINGSOFT and others.
Bank of America Securities released a Research Report stating that it maintains a "Buy" rating on KINGSOFT (03888), with the Target Price lowered from HKD 53 to HKD 52. The firm covers a total of 15 software and cloud companies with uneven performance in 2024 (including profit warnings or preliminary results), of which 4 exceeded expectations, 2 met expectations, and 9 fell below expectations. Generally, the companies with strong performance mainly engage in office software or public cloud business, such as KINGSOFT, Beijing Kingsoft Office Software, Inc (688111.SH), and Kingsoft Cloud (03896), benefiting from the increasing contribution of AI revenue; while the cybersecurity and real estate software sectors are projected to be affected in 2024.
What Yonyou Network Technology Co.,Ltd.'s (SHSE:600588) 27% Share Price Gain Is Not Telling You
