---
title: "\"Big Banks\" Bank of America Securities: The top picks for Chinese software are Kingdee, MEITU, and Kingsoft Office"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/272016040.md"
description: "The Bank of America Securities report indicates that it expects the average stock price of Chinese software companies to rise by 16% in 2025, lower than the 23% increase of the MSCI China Index. It holds a cautiously optimistic view on software demand for 2026, predicting a 12% growth in industry revenue. The revenue forecast for 2025-2026 has been revised down by about 2%, with an expected acceleration in revenue growth for software companies to 14% in 2026. Preferred stocks include KINGDEE INT'L, MEITU, and Kingsoft Office, all rated as \"Buy.\""
datetime: "2026-01-09T02:42:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272016040.md)
  - [en](https://longbridge.com/en/news/272016040.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272016040.md)
---

> 支持的语言: [English](https://longbridge.com/en/news/272016040.md) | [繁體中文](https://longbridge.com/zh-HK/news/272016040.md)


# "Big Banks" Bank of America Securities: The top picks for Chinese software are Kingdee, MEITU, and Kingsoft Office

Bank of America Securities published a report indicating that the stock prices of Chinese software companies covered by the bank are expected to rise by an average of 16% by 2025, underperforming the MSCI China Index's increase of 23%. Looking ahead to 2026, the bank holds a cautiously optimistic view on software demand prospects, as the acceleration of AI monetization and the trend of software import substitution will coexist with weak demand across multiple vertical industries.

Overall, the bank forecasts that the revenue of the Chinese software and IT services industry will grow by 12% year-on-year in 2026, down from a forecasted 13% growth in 2025. After lowering the revenue forecasts for 2025-2026 by about 2%, the average year-on-year revenue growth for the covered software companies is expected to accelerate to 14% in 2026, compared to 7% in 2025.

The bank holds a selectively positive view on companies in the enterprise resource planning (ERP), photo editing software, and office software sectors, as these targets have higher growth visibility under the SaaS model and AI-driven trends; however, it remains cautious about cybersecurity and real estate software due to weak demand. Preferred stocks include KINGDEE INT'L (00268.HK), MEITU (01357.HK), and Kingsoft Office (688111.SH), all rated "Buy." Target prices are detailed in another table

### 相关股票

- [MEITU (01357.HK)](https://longbridge.com/zh-CN/quote/01357.HK.md)
- [Kingsoft Office (688111.CN)](https://longbridge.com/zh-CN/quote/688111.CN.md)
- [KINGDEE INT'L (00268.HK)](https://longbridge.com/zh-CN/quote/00268.HK.md)

## 相关资讯与研究

- [Meitu (MEIUF) Gets a Buy from CICC](https://longbridge.com/zh-CN/news/280898221.md)
- [Shin Hwa World logs FY revenue HK$966.9 mln](https://longbridge.com/zh-CN/news/281055310.md)
- [Texwinca Renews Connected Tenancy Deals to Secure Key Retail and Office Sites](https://longbridge.com/zh-CN/news/281006733.md)
- [Meitu Grants 16.5 Million Share Awards to Support Overseas Expansion and Talent Retention](https://longbridge.com/zh-CN/news/281415925.md)
- [ASIA COFFEE-Domestic prices edge lower in Vietnam amid slow trade, thin demand](https://longbridge.com/zh-CN/news/281490266.md)