Cathay Pacific Haitong Securities released a research report stating that NetDragon (00777.HK) has made key progress in its native AI transformation, organizational efficiency improvements have been realized, game repairs have stabilized, and Mynd.AI has drastically reduced losses. It was given a 26-year 13xPE, with a target price of HK$10.4, maintaining the “Overweight” rating.

Cathay Pacific Haitong Securities released a research report stating that NetDragon (00777.HK) has made key progress in its native AI transformation, organizational efficiency improvements have been realized, game repairs have stabilized, and Mynd.AI has drastically reduced losses. It was given a 26-year 13xPE, with a target price of HK$10.4, maintaining the “Overweight” rating.