Understanding the Market | KINGDEE INT'L currently up over 3% as the company adjusts its development service fees, expecting to drive a 3% to 5% growth in subscription ARR next year
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KINGDEE INT'L's stock price rose by 3.46%, closing at HKD 15.54, with a trading volume of HKD 183 million. The company will start charging additional service fees to cloud customers from July, which is expected to drive a 3% to 5% growth in subscription ARR next year. Daiwa and Goldman Sachs are optimistic about KINGDEE INT'L's AI products and their market prospects, predicting that AI will contribute approximately 20% of the company's total revenue by 2030
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