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HAIZHI TECH GP (02706.HK) Up 7% at Midday; BOCI Initiates with Buy, TP HKD80.81
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HAIZHI TECH GP (02706.HK) opened 0.87% higher this morning (27th) and once peaked at HKD62.95. It closed at HKD61.5 at midday, up 6.96%, with 1.148 million shares traded, involving HKD69.8303 million.

BOCI published a research report initiating coverage on HAIZHI TECH GP (02706.HK) with a Buy rating and a target price of HKD80.81, based on an expected 26x 2027 price-to-sales ratio.

The broker noted that HAIZHI TECH GP is a leader in Chinas artificial intelligence application sector. Leveraging its Graph-LLM technology, the company provides industrial-grade, hallucination-free AI applications through its Atlas graph solutions and Atlas AI agent products across financial risk control, telecom anti-fraud and power grid operations and maintenance.

BOCI believes that, benefiting from the rapid development of AI Agents and supportive policies in China, as well as strong volume growth of its AI agent products and a solid client base in government and enterprise sectors, HAIZHI TECH GP is expected to deliver a revenue CAGR of 34% and an adjusted net profit CAGR of 84% from 2025 to 2028. (ad/da)
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