Baowang Shares Forecast Mid-Year Loss Due to AI Investment and Reduced Services

Baowang Shares (06657.HK) expects a mid-year loss of 25-45 million RMB, a decline from last year's profit, attributed to decreased low-margin services and significant AI investment costs.

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First report 1h ago•Last update 1h ago

Baowang Shares Forecast Mid-Year Loss Due to AI Investment and Reduced Services

Baowang Shares (06657.HK) expects a mid-year loss of 25-45 million RMB, a decline from last year's profit, attributed to decreased low-margin services and significant AI investment costs.

iWitness comments

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