Kingsoft Cloud (03896.HK) received a shareholding increase of 29.2106 million shares from JPMorgan.

According to the latest equity disclosure information from the Stock Exchange on November 22, 2023, on November 15, 2024, Kingsoft Cloud (03896.HK) was increased by JPMorgan Chase & Co. by 29.2106 million shares at an average price of HKD 2.6349 per share, involving approximately HKD 76.967 million. After the shareholding increase, the latest number of shares held by JPMorgan Chase & Co. is 203,248,927 shares, with the shareholding proportion rising from 4.57% to 5.34%.

Gelonghui Finance18:11 ET

Asian Equities Traded in the US as American Depositary Receipts Decline

MT Newswires11:01 ET

On November 21, southbound funds net bought over 4.6 billion Hong Kong dollars: increased positions in Kuaishou and alibaba, with outflows from sunac and kingsoft cloud.

① The southbound capital transacted approximately 51.5 billion Hong Kong dollars that day. Which stocks are seeing continued inflow? ② Kuaishou experienced an inflow of over 0.6 billion Hong Kong dollars. How is the stock price performing?

cls.cnNov 21 08:32 ET

Cautious Optimism for Kingsoft Cloud Amid AI-Driven Growth and Cash Flow Challenges

TipRanksNov 21 05:29 ET

Hang Seng Index fell 0.13% in the morning session, with obvious structural market trends.

Boyaa Interactive (00434) rose by more than 10%, bitcoin price surpassed $0.095 million, company's holding positions floating profit has exceeded $0.1 billion.

Zhitong FinanceNov 20 23:00 ET

Bocom Intl: Maintains a 'buy' rating on Kingsoft, with the target price raised to 33 Hong Kong dollars.

Bocom Intl released a research report stating that based on the profit expansion of Kingsoft's (03888) gaming business and the valuation increase of Kingsoft Cloud (03896), the target price for Kingsoft has been raised by 10% from HKD 30 to HKD 33, maintaining a "buy" rating. The bank expects Kingsoft's gaming revenue for the full year of 2024 to increase by 30% year-on-year, while operation in the fourth quarter may weaken quarter-on-quarter. There are five new games planned for 2025, three of which have already obtained approval numbers, and it is expected that the new games will offset the high base effect of old games. WPS may increase its overseas promotional efforts in 2025. The report indicated that Kingsoft's third-quarter performance exceeded expectations, with total revenue increasing year-on-year.

Sina Hong Kong stocksNov 20 21:50 ET