Changes in Hong Kong stocks | SaaS concepts have risen the most, and major acquisitions are agent repricing agencies say they are concerned about the paradigm shift from traditional SaaS to agentization

The Zhitong Finance App learned that the SaaS concept had the highest increase. As of press release, Shiteng Holdings (02562) rose 10.8% to HK$1.95; Kingdee International (00268) rose 5.04% to HK$13.95; Huiliang Technology (01860) rose 4.71% to HK$15.99; and Chinasoft International (00354) rose 3.62% to HK$5.15.

According to the news, on December 30, Meta officially announced that it will acquire the developer of the AI smart device product Manus for “several billion dollars.” In December, Manus previously disclosed that its annual recurring revenue (ARR) had surpassed $100 million, making it the fastest ARR startup in the world growing from zero to $100 million. Dongwu Securities pointed out that Meta's use of billions of dollars to pay bills is tantamount to repricing agents, and market capital is more likely to be concentrated on targets with real scenarios, deliverables, and continuous subscription revenue.

Northeast Securities released a research report stating that it is concerned about the paradigm shift from traditional SaaS to agentization. Vertical software giants (such as CRM, legal software, industrial management systems) that have mastered core industry data assets are reconstructing workflows through agents. This transformation changes AI from an edge plug-in to an underlying productivity engine, significantly improving R&D and operation efficiency, and undertaking the biggest dividends after computing power infrastructure.