Morgan Stanley released a research report sayinggreysnowpoker, raised Jinshan Software's (03888) normalized earnings per share forecast for the next three years by 12greysnowpoker.4%, 13.8%, and 9.3%, the target price increased by 2.9% from HK$35 to HK$36 to reflect the revision of its forecast and maintain the "overweight" rating.

The report stated that considering Kingsoft Software's guidance of a 10% annual increase in game revenue in 2024, Morgan Stanley raised its revenue forecasts for 2024, 2025 and 2026 by 2%, 1.8% and 1.6% respectively. At the same time, the Group's three-year sales expense assumptions were lowered by 6.2%, 5.6% and 5.1% to reflect the first quarter results.