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Kingsoft Cloud surged 13% during Regular Trading Hours, with JPMorgan increasing its shareholding ratio to 5.48%.
Kingsoft Cloud and the Hongmei market both experienced substantial growth.
Hong Kong stock morning report | John Lee Ka-chiu engaged in in-depth exchanges with representatives of the "Hangzhou Six Little Dragons" companies. Trump is considering exempting Auto Manufacturers from some tariffs.
① John Lee Ka-chiu had in-depth discussions with representatives from the 'Six Little Dragons of Hangzhou.' ② The Inner Mongolia Ministry of Industry and Information Technology reported that the computing power scale of Inner Mongolia has reached around 0.12 million P, ranking first in the country. ③ USA President Trump is considering exempting Auto Manufacturers from certain tariffs. ④ NIO's Li Bin predicts that China's share of the Global auto industry will exceed 40%.
Shares of US-listed Chinese Companies Are Trading Higher After President Trump Indicated the Final Tariff Rate With China Would Be "Substantially" Below Than the Current 145% but Not 0%.
Express News | Shares of Companies Within the Broader Technology Sector Are Trading Higher Amid Overall Market Strength After President Trump Said He Had No Intention of Firing Fed Chair Powell. Additionally, Trump Indicated the Final Tariff Rate Would Be Less Than...
US stocks show volatility | Expectations of easing trade tensions drive the Nasdaq China Golden Dragon Index up 5%.
On Wednesday, the Nasdaq China Golden Dragon Index surged by 5%, with China Concept Stocks performing strongly.
Hong Kong stocks are moving | Kingsoft Cloud (03896) rose more than 8% in late trading, recently completed a rights issue for fundraising, and the company directly benefits from Xiaomi and KINGSOFT increasing their investments in AI.
Kingsoft Cloud (03896) rose more than 8% in late trading, with an increase of 8.28% as of the time of writing, priced at 6.54 HKD, with a transaction value of 0.993 billion HKD.
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