According to the Zhitong Finance app, on Wednesday, as of the time of publication, Kingsoft Cloud (KC.US) rose over 24%, to $3.968, with a total market value exceeding $0.94 billion. On the news front, Kingsoft Cloud previously announced that its consolidated affiliated entity Kingsoft Cloud (Qingyang) Data has entered into a financing lease framework agreement with China Cinda's non-wholly-owned subsidiary, Wintrust Financial Leasing. According to this, Wintrust Financial Leasing will provide financing & leasing services to Kingsoft Cloud (Qingyang) Data through direct financing leases, with a total financing amount not exceeding 0.3 billion RMB. The target assets are servers and other accessories (including CPUs, hard drives, and data cables).