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Lion Rock Software raises target price to 57.1 Hong Kong dollars, with improved fundamentals and localization and AI as further catalysts

GoldenOctober2024
DEEPSEEK-2,82%

Jinshi Data, Feb 13th News, Lyon released a research report, upgrading Kingsoft (03888.HK) to a very confident outperforming the market, pointing out that the fundamentals of the game and cloud business continue to improve, coupled with policy-driven local development, and the low-cost AI trend brought by DeepSeek will be further catalysts, with 2025-2026 fiscal year revenue forecast raised by 4% to 5%, reflecting strong online game performance, and the target price raised from 37.2 Hong Kong dollars to 57.1 Hong Kong dollars.

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