Jushuitan (06687) has been included in the Hang Seng Composite Index and is expected to become a Stock Connect-eligible security.

On February 13, the Hang Seng Index Company announced the results of the quarterly review of the Hang Seng Index Series up to December 31, 2025, in which Jushuitan (06687) was included in the Hang Seng Composite Index.

Zhitong FinanceFeb 13 19:00

Another Wall Street investment bank downgrades the Chinese software industry: AI disruption triggers valuation reset!

UBS Group downgraded the rating of China's software industry, pointing out that generative AI is disrupting the traditional SaaS logic. AI is forcing software companies to shift from high-margin standardized subscriptions to low-margin customized services, resulting in 'revenue growth without profit growth.' The market valuation system is transitioning from a focus on growth through price-to-sales ratios to an emphasis on profitability and cash flow through price-to-earnings ratios, leading to a revaluation of the industry.

wallstreetcnFeb 10 12:34 · Ratings

The software stock sector has collapsed, and no one 'dares to catch a falling knife.'

The S&P 500 Software & Services Index fell for the sixth consecutive trading session, but this selloff failed to attract any significant bottom-fishing buying. Even Microsoft, traditionally regarded as a safe haven, was not spared, with short sellers increasing their positions against the trend. Current market sentiment has evolved from valuation concerns at that time to deep anxiety over the potential disruption of traditional software business models by artificial intelligence.

wallstreetcnFeb 5 08:09

Amid a global slump in software stocks, Jensen Huang refutes claims: AI will never replace software!

①NVIDIA CEO Jensen Huang refuted concerns that 'artificial intelligence might replace software and related tools,' calling such an idea 'illogical.' ②Huang stated that artificial intelligence systems are designed to work collaboratively with existing software tools rather than completely replace them.

cls.cnFeb 4 18:43

After the U.S., Asia next! The relentless AI wave continues to upend software stocks: Is the wolf really here this time?

On Wednesday (February 4), Asian software stocks extended the global selloff overnight as investors expressed concerns that the rapid development of artificial intelligence could disrupt the traditional business models of software companies.

cls.cnFeb 4 15:05

Hong Kong Stock Movement | AI New Technology Impacts SaaS Software Stocks; Jushuitan (06687) Plummets Nearly 13%, Hitting a New Low Since Listing

The impact of new AI technologies on software stocks caused Ju Shui Tan (06687) to drop nearly 13% this morning, hitting a low of 21.6 Hong Kong dollars, the lowest level since its listing.

Zhitong FinanceFeb 4 11:15