[ET Net News Agency, 13 August 2021] Nomura initiates coverage of Ming Yuan Cloud
(00909) with a target price of HK$39 and a "buy" rating.
The research house said the enterprise world seems to be racing toward cloud computing.
It believes Ming Yuan is well-positioned to ride the cloud migration wave, owing to its
early transformation from an on-premise ERP supplier into a SaaS solution provider. (RC)