Fufu
2026.06.02 10:28

ChinaSoft International rose by more than four points, with expectations for the implementation of Xinchuang and AI boosting the popularity of government and enterprise IT services; Meanwhile, MFT was down more than five points, with marketing SaaS still struggling with its profit model. Both are Hong Kong-listed software stocks, but one is strengthening on the imagination of Xinchuang orders, while the other is dragged down by its own losses, completely diverging today. Is this divergence because government and enterprise IT is truly benefiting from AI earlier than marketing SaaS, or is it just a short-term trade-off by capital? It seems more like the former—those with government orders as a backstop are indeed more resilient in an uncertain environment.

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