瑞银发表研报指，金山云受惠于AI发展及金山生态系统的支持，金山云第三季业绩表现稳健，超出市场预期，有助提升投资者对其收入及盈利持续复苏的期望。该行指金山云目前股价水平仍低于中国独立云端公司估值，认为市场低估了金山和AI业务潜在发展机会。Kingsoft Cloud (03896) rose over 12% in the morning session, as of the time of writing, it rose 11.58%, trading at 4.72 Hong Kong dollars, with a transaction volume of 0.361 billion Hong Kong dollars.
According to Zhito Finance APP, Kingsoft Cloud (03896) rose over 12% in the morning session, as of the time of writing, it rose 11.58%, trading at 4.72 Hong Kong dollars, with a transaction volume of 0.361 billion Hong Kong dollars.
On the news front, on November 19, Kingsoft Cloud announced that KINGSOFT signed a new framework agreement with Xiaomi, with the annual caps suggested for the framework agreement being 2.31 billion yuan, 3.138 billion yuan, and 4.035 billion yuan for the years 2025-2027. GF SEC expressed optimism regarding the subsequent computational power demand as Xiaomi deeply integrates AI into its ecosystem.
UBS Group published a research report indicating that Kingsoft Cloud benefits from AI development and support from the Kingsoft ecosystem. Kingsoft Cloud's performance in the third quarter was robust, exceeding market expectations, which helps enhance investors' expectations for its revenue and profit recovery. The firm noted that Kingsoft Cloud's current stock price level is still below the Company Valuation of independent cloud companies in China, believing that the market has underestimated the potential development opportunities of KINGSOFT and its AI Business.
