Xunfei Healthcare Technology Co., Ltd. (2506) has received a new Buy rating, initiated by CMB International Securities analyst, Jill Wu.
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Jill Wu has given her Buy rating due to a combination of factors that highlight Xunfei Healthcare Technology Co., Ltd.’s strong position in the healthcare AI sector. The company is a leader in China’s healthcare AI market, holding a significant market share and benefiting from supportive government policies that promote AI integration in healthcare services. This favorable environment is expected to drive substantial growth in the healthcare AI market over the next decade.
Furthermore, Xunfei Healthcare’s strategic partnerships and technological advancements, particularly through its collaboration with iFlytek, have strengthened its market leadership. The company’s innovative Spark Medical Model has demonstrated superior performance in medical reasoning tasks, enhancing its clinical support capabilities. Additionally, the expansion of its customer base across various healthcare segments has contributed to robust revenue growth, with expectations of continued strong performance. These factors collectively support the Buy rating, with a target price set at HK$170.56.