Kingsoft Corporation Limited's (HKG:3888) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Hong Kong stocks movement | Kingsoft Cloud (03896) is currently up over 5%. The revenue contributions from KINGSOFT and Xiaomi are expected to increase. UBS Group states that the market underestimates potential growth.
Kingsoft Cloud (03896) is currently up over 5%, as of the time of writing, it has risen by 6.11%, priced at 4.86 Hong Kong dollars, with a transaction amount of 0.284 billion Hong Kong dollars.
Bank of America Securities: Recommend "Buy" for KINGSOFT (03888) and KINGDEE INT'L (00268), with both Target Prices adjusted upwards.
Bank of America Securities raised Kingsoft's target price from 38 HKD to 45 HKD and raised Kingdee's target price from 11.1 HKD to 13.2 HKD.
Kingsoft Corp Reports Strong Q3 2024 Financial Performance
UBS Upgrades Kingsoft Cloud Hldgs to Buy, Raises Price Target to $12.5
Kingsoft Cloud Maintains Stable Share Structure in November
Amazon has launched a series of advanced AI models, invigorating the AI concept stocks, with Kingsoft Cloud (03896) rising by 11.11%.
Kingwo Financial News | AI concept stocks generally rose, kingsoft cloud (03896) up 11.11%, innovation technology (02121) up 7.16%, mobvista (01860) up 6.1%, newborntown (09911) up 5.65%, meitu (01357) up 3.6%, idreamsky (01119) up 2.05%, kingsoft (03888) up 1.77%. Amazon announced at the annual AWS conference the launch of a series of advanced AI models, called Amazon nova. The Amazon nova series includes text to
Kingsoft Cloud Prepares for Key Shareholder Meeting
Kingsoft (03888.HK) received a shareholding increase of 8.0584 million shares from Blackrock.
According to the latest equity disclosure information from the Hong Kong Stock Exchange on November 29th, 2024, kingsoft (03888.HK) received BlackRock, Inc.'s shareholding by an average of 31.9045 Hong Kong dollars per share on the exchange to increase its position by 8.0584 million shares, involving about 0.257 billion Hong Kong dollars. After the increase, BlackRock, Inc.'s latest holding position is 69,072,330 shares, and the holding position ratio has increased from 4.57% to 5.17%.
Kingsoft Cloud Holdings (KC): A Rising Star in AI and Cloud Computing
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Kingsoft Cloud Holdings Raised to Buy From Neutral by Nomura >KC
Kingsoft Cloud Holdings Limited's (NASDAQ:KC) Market Cap Surged US$498m Last Week, Public Companies Who Have a Lot Riding on the Company Were Rewarded
ADRs Close Higher; Kingsoft Cloud Holdings Ltd. Climbs 25%
Nomura Upgrades Kingsoft Cloud Hldgs to Buy, Raises Price Target to $6.7
Kingsoft Cloud Hldgs Analyst Ratings
Kingsoft Corporation Limited (KSFTF) Q4 2024 Earnings Call Transcript Summary
CICC: Upgraded kingsoft's rating to "Outperform industry", with a target price increase to HK$40.
CICC released a research report stating that Kingsoft (03888) achieved a 42% year-on-year increase in revenue in the third quarter; operation profit margin was 39.3%, a 21 percentage point increase year-on-year, and a 7.2 percentage point increase quarterly, both exceeding the bank and market expectations, believed to be mainly due to the bright growth in the gaming business. The bank basically maintains the group's revenue and net income forecast for the next two years, reiterating an "outperforming the industry" rating, raising the target price by 14% to HK$40.