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268 Kingdee International Software Co News Story

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TechnologyHighly SpeculativeMid CapFalling Star

Kingdee set for best day in 3 months on annual recurring revenue growth

** Kingdee International Software Group 0268.HK jumps 11.1% to HK$8.89; set for biggest one-day pct rise since January 12

** Stock hits highest since April 9; on track to snap three straight sessions of fall

** Top pct gainer on Hang Seng TECH Index .HSTECH, which is up 0.9%

** Chinese enterprise resource planning and cloud services provider's annual recurring revenue of subscription services rises 19% y/y to 4.22 bln yuan ($618.78 mln) as at March 31

** YTD, stock down 35.9%

($1 = 6.8199 Chinese yuan renminbi)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))

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