Sep. 11 at 4:59 PM
$CLPS Here's the info on why this is more than fluff news like they have done in the past, this is legit good news.
✅ Why It’s Positive
1. Real Client Work:
• They delivered a large-scale modernization project for a major Hong Kong bank not just a pilot
• Meaning revenue and validation from a credible financial-sector client.
2. Efficiency & AI Proof Point:
• Normally: 40–50 developers, 24 months.
• CLPS did it in 7 months with ~20 devs thanks to AI
• This shows cost competitiveness and a repeatable model
3. Scalability:
• Legacy modernization (VB, COBOL, RPG, MS Access, etc.) is a huge global market.
• If CLPS can consistently deliver this model, they could carve out a niche in banking/fintech modernization.
4. Economic Benefits for Client:
• Millions saved in development and future maintenance.
• That makes it more likely other banks will trust CLPS.
$BABA $JD Asian stocks still heating up some have not been found!
$IWM