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Chinasoft International May Be Supported by Emerging Cloud Business -- Market Talk

Chinasoft International May Be Supported by Emerging Cloud Business -- Market Talk

中軟國際或獲新興雲業務支持--市場談話
Dow Jones Newswires ·  2021/04/06 22:05

DJ Chinasoft International May Be Supported by Emerging Cloud Business -- Market Talk

DJ ChinaSoft International或獲新興雲業務支持--市場談話

0205 GMT - Chinasoft International's earnings may rise, thanks to a strong growth outlook led by its emerging cloud business, Citi Research says. The IT solutions services provider expects its cloud-intelligence business to account for 40% of total revenue in 2023, Citi notes. Chinasoft's expansion of IT services may also be a potential earnings growth driver. "We believe the company will enjoy strong secular growth, benefiting from China's digitalization trend." Citi raises the stock's target price to HK$10.50 from HK$10.00 and maintains a buy rating. Shares are 1.1% lower at HK$8.34.(justina.lee@wsj.com)

0205GMT-花旗研究(Citi Research)表示，得益於新興雲業務引領的強勁增長前景，中軟國際的收益可能會上升。花旗指出，這家IT解決方案服務提供商預計，到2023年，其雲智能業務將佔總收入的40%。中軟拓展IT服務也可能是潛在的獲利增長動力。“我們相信，受益於中國的數字化趨勢，該公司將實現強勁的長期增長。”花旗將該股目標價由10.00港元上調至10.5港元，並維持買入評級。股價下跌1.1%，至8.34港元。

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April 06, 2021 22:05 ET (02:05 GMT)

2021年04月06日22：05東部時間(格林尼治標準時間02：05)

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