BUZZ — Kingdee hits 5 — week high on annual recurring revenue growth

* Shares of Kingdee International Software Group climb 7% to HK$8.67, their highest point since September 7 and rising for a third straight session * Enterprise resource planning (ERP) and cloud services provider says annual recurring revenue (ARR) of its subscription services amounted to 4.604 billion yuan ($687.67 million) for nine months ended at September 30, up 19.3% y/y * Says net new ARR for third quarter of 2026 increased 46.9% * Co says it won bids and signed contracts with enterprises, including CRRC, Changan Automobile, China Everbright Group, H World Group and Sungrow Smart O&M, during third quarter * YTD, stock down 37%, Hang Seng TECH Index down 25.7% ($1 = 6.6951 Chinese yuan) (Reporting by Donny Kwok) ((donny.kwok@thomsonreuters.com)