Express News | FTSE China A50 Index Futures Surge Over 1%; Pinduoduo Nearly 5% Premarket
Kingsoft Cloud Strengthens Financial Position With New Leaseback Agreement
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...
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.
Express News | Kingsoft Cloud - Yangtze United Financial Leasing Agreed to Provide Finance Lease Service of RMB500 Mln
Are Investors Undervaluing Kingsoft Cloud Holdings Limited (NASDAQ:KC) By 37%?
Hong Kong stock midday review | Hang Seng Index rises 0.87% Nonferrous Metals Sector warms up in the morning.
With overseas interest rate cuts and expectations for domestic economic recovery, the Nonferrous Metals Industry is expected to enter a new round of upward cycle.
Hong Kong stock movement | Kingsoft Cloud (03896) rises more than 12% as the company continues to accelerate its AI layout, and ecological collaboration is expected to drive performance growth.
Kingsoft Cloud (03896) rose over 11%, as of the time of writing, it increased by 11.61%, priced at 6.25 HKD, with a transaction volume of 0.358 billion HKD.
Hong Kong stock market morning report on January 3: GTJA's merger application with HAITONG SEC will be discussed next week. Institutions expect that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025.
① PwC predicts that Hong Kong stock IPO fundraising could reach 160 billion Hong Kong dollars in 2025. ② GTJA's merger application with HAITONG SEC will be discussed next week. ③ Alibaba's buyback plan still has a remaining quota of 20.7 billion US dollars. ④ Last November, Hong Kong's retail sales volume decreased by 8.3% year-on-year.
U.S. stocks closed: the S&P and Nasdaq recorded five consecutive daily losses while Small Cap stocks saw a surge in speculative trading.
① The three major Index opened high but closed low, with the S&P and Nasdaq recording a decline for the fifth consecutive day; ② Tesla's annual delivery data has decreased for the first time in over a decade; ③ USA AI Nuclear Power Concept stocks secured a government L of 1 billion dollars; ④ "Roaring Kitty" leads the way, Small Cap thematic concept stocks gained hype.
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Kingsoft Cloud Secures Key Approvals for Future Growth
[Brokerage Focus] HAITONG INT'L gives Kingsoft Cloud (03896) an initial rating of "Outperform the Market" and expects that ecological synergy advantages are likely to accelerate performance growth.
Kingwo Financial News | HAITONG INT'L released a research report stating that Kingsoft Cloud (03896) was founded in 2012. Leveraging over thirty years of enterprise service experience from Kingsoft Group, it has gradually built a complete Cloud Computing infrastructure and Operation system. By organically integrating advanced technologies such as Big Data, AI, and Edge Computing, it provides more than 150 multi-domain solutions, offering high-quality Cloud Computing Service to over 500 premium clients. The bank believes that the company is a leading Cloud Computing Service provider in the domestic market, with continuously improving technology, products, and service capabilities; the company's Global Strategy has shifted to fully embrace AI, strategically optimizing its revenue structure to enhance profitability.
Kingsoft Cloud Holdings Ltd. (KC) Ends Trading Week Defying Market Bloodbath
Overnight news: US stocks closed lower, Chinese concept stocks broadly declined, large Technology stocks faced sell-offs, Google reported unstable morale, the South Korean won fell for five consecutive weeks, and the USA is closely monitoring the politica
To view more global financial News, please visit the 24/7 real-time financial news. Market Close: U.S. stocks closed lower on Friday, with major Technology stocks falling broadly. All three major indices recorded gains this week. On December 27, the top 20 U.S. stock transaction volumes showed that several domestic automotive companies launched price reduction promotion strategies, with Tesla dropping nearly 5%. On Friday, popular China Concept Stocks fell broadly, with NIO and Xpeng down over 4%, JD.com down over 3%, and Kingsoft Cloud rising over 23%. Crude Oil Product: Oil prices are rising towards the end of the year, and the market is focusing on risks in 2025. Gold futures in New York fell nearly 0.7% on Friday, reporting at $2635.70 per ounce. Major European stock indices collectively rose, with the German DAX30 Index up 0.6.
Kingsoft Cloud Soars 20%: AI Momentum Propels 226% YTD Surge
Amedisys, Rigetti Computing And Other Big Stocks Moving Higher On Friday
U.S. stocks moving | It is reported that Xiaomi will invest heavily in AI large models, Kingsoft Cloud (KC.US) pre-market rose by more than 15%.
On Friday, Kingsoft Cloud (KC.US) rose over 15% in pre-market trading, reaching $11.80.
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Hong Kong stocks closed (12.27) | The Hang Seng Index fell by 0.04%. The Semiconductors Sector performed strongly. Kingsoft Cloud (03896) stock price hit a historical high.
The Hong Kong stock market experienced a slight dip in the early session but quickly rebounded, with the three major Indices turning positive collectively, and the Hang Seng Index briefly rising over 1%; in the afternoon, the stock index maintained fluctuations, and the Hang Seng Index turned negative again by the end of the session.