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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

Hong Kong stocks movement | Kingsoft Cloud (03896) rose over 12% in the morning, reports state that Xiaomi is building a GPU cluster of 10,000 cards, and the company benefits from the demand from Xiaomi and Kingsoft's ecosystem increasing.

Kingsoft Cloud (03896) rose over 12% in early trading, as of the time of writing, up 12.31%, priced at 5.2 Hong Kong dollars, with a turnover of 62.2157 million Hong Kong dollars.

Zhitong FinanceDec 26, 2024 20:30 ET