0511 GMT - Shanghai Baosight Software looks well-positioned to benefit from increased digitization demand from China's steel industry, Jefferies says. The bank reckons that the steel industry is likely to undergo radical changes as 5G and AI technologies develop, as these capabilities would enable real-time data collection, analysis and decisions that are key to heavy industrial processes like steel making. Baosight is at the forefront of developing these technical features such as constant heat data sampling and centralized control rooms, Jefferies says. The company's technologies also have high entry barriers, making its over-65% market share hard to challenge, Jefferies adds. Shares are down 2.1% at CNY71.43. (yifan.wang@wsj.com)