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.

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Hong Kong stocks movement | Kingsoft Cloud (03896) rose over 44% during the session, reaching a new high, more than 500% increase from the low in September. Reports suggest that Xiaomi is increasing its investment in the AI sector.

Kingsoft Cloud (03896) rose more than 44% during the trading session, reaching a historic high of 6.7 Hong Kong dollars, up over 500% from the low of 1.08 Hong Kong dollars in September. As of the time of writing, it has increased by 34.56%, trading at 6.23 Hong Kong dollars, with a transaction volume of 1.942 billion Hong Kong dollars.

Zhitong FinanceDec 27, 2024 02:52 ET