Kingsoft Cloud Holdings' Affiliate to Sell, Lease Back Assets for 500 Million Yuan

MT NewswiresJan 7 06:31 ET

U.S. stock market closing: the three major Indexes had mixed results, with the Technology conference CES boosting chip stocks higher.

① Nasdaq China Golden Dragon Index closed down 1.16%, most China Concept Stocks fell, Tencent ADR dropped nearly 8%; ② MicroStrategy has purchased Bitcoin for nine consecutive weeks; ③ Trump denies plans to reduce the applicability of tariffs; ④ Qualcomm announces the launch of the new AI chip Snapdragon X.

cls.cnJan 6 17:19 ET

Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket

Moomoo 24/7Jan 6 06:48 ET

Kingsoft Cloud (03896): Yangtze River United Financial Leasing plans to provide Rental & Leasing Services to Kingsoft Cloud (Qingyang) by way of selling and leasing back several Servers.

Kingsoft Cloud (03896) announced that Changjiang United Financial Leasing Co., Ltd. has agreed to lease several Server through sale and leaseback...

Zhitong FinanceJan 6 06:35 ET

Kingsoft Cloud (03896.HK): Yangtze River United Financial Leasing provides financing Rental & Leasing Services to Kingsoft Cloud (Qingyang) Data Information Technology.

On January 6, Gelonghui reported that Kingsoft Cloud (03896.HK) announced that Yangtze River United Financial Leasing Co., Ltd. has agreed to provide financing and leasing services to Kingsoft Cloud (Qingyang) Data Information Technology Co., Ltd. (the company's consolidated subsidiary) through the sale and leaseback of several Servers. The total principal amount of the financing lease is 500 million yuan, with a term of 3 years. The guarantee will be provided by the company's consolidated subsidiary and Kingsoft Cloud (Qingyang)'s parent company, Peking Kingsoft Cloud Network Technology Co., Ltd., with an annual interest rate of approximately 3.88%. The company believes that the proposed Trade will help supplement working capital, broaden financing channels, and increase the company's capacity.

Gelonghui FinanceJan 6 06:30 ET

Express News | Kingsoft Cloud - Yangtze United Financial Leasing Agreed to Provide Finance Lease Service of RMB500 Mln

ReutersJan 6 06:27 ET