** Shares of Kingdee International Software Group 0268.HK jump 10.3% to HK$12.4, set for the biggest one-day pct rise since March 6
** Stock on course for third straight session of gains; fifth biggest pct gainer on Hang Seng Tech Index .HSTECH, which is up 5.8%
** The Chinese cloud services provider said its Kingdee Cloud subscription annual recurring revenue for quarter ended in March reached 3.56 bln yuan ($484.50 mln), up 20% y/y
** Kingdee said it gained a number of new customers during the period, including Kweichow Moutai, Geely Group, China Meheco Group, China Paper, 01.AI, AutoAgents.ai
** Hang Seng Commerce & Industry Index .HSNC jumps 4.5%, Hang Seng Index .HSI rises 4.2%
** Stock up 43.7% YTD
($1 = 7.3478 Chinese yuan renminbi)
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.