SAP(US:SAP) Xin Lang Cai Jing·2025-10-10 23:00Core Insights - SAP's stock price fell by 3.72% on October 10, marking the second consecutive day of decline, with a cumulative drop of 4.19%, raising investor concerns about its future performance [1] - The U.S. Department of Commerce has placed SAP on the unreliable entity list, creating worries about its international business prospects and potentially limiting its global operational capabilities, which could pressure revenue [1] - Dr. Korman, SAP's Global Senior Vice President, plays a crucial role in the company's development in China, leading a significant R&D team that contributes to innovation and technology development; however, increasing restrictions on Chinese enterprises may challenge this advantage [1] - The current global economic environment, U.S. sanctions, and resulting supply chain tensions are profoundly impacting many companies, including SAP, particularly in the semiconductor and high-tech sectors, necessitating enhanced control over supply chains and management of related technologies [1] Long-term Outlook - Investors should maintain focus on SAP's medium to long-term development; despite short-term pressures leading to stock price volatility, SAP's solid foundation in global R&D networks and technological innovation remains a strong support for its growth [2] - In the face of uncertainty, diversification of investments is recommended to mitigate risks, while monitoring market reactions to policy changes for timely adjustments to investment portfolios [2]