Glonghui, October 24 | CICC published a report stating that in view of the recovery in the business prosperity of China Soft International's major customers, the target price-earnings ratio for 2023 was raised from 16 times to 19 times, and the target price was raised 12% to HK$6.5, maintaining a “neutral” rating, and the profit forecast for 2023-2024 remained unchanged. CICC said that as one of the important strategic partners of Huawei, Shengteng, and Pangu, China Soft International has obtained the exclusive right to operate an artificial intelligence computing center in Xi'an. It mainly provides one-stop supply of diverse computing power, integrated scheduling, trading, and operation management capabilities. With further breakthroughs in city coverage, it is optimistic that demand for computing power operations will free up space.
研报掘金｜中金：维持中软国际“中性”评级 目标价上调至6.5港元
Research Report Nuggets | CICC: Maintains China Soft International's “neutral” rating and raises target price to HK$6.5
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