Core Viewpoint - Kingsoft Cloud (03896) plans to issue 282 million shares of common stock to non-U.S. persons through offshore transactions under Regulation S of the U.S. Securities Act of 1933, subject to market conditions and other factors [1] Fund Utilization - The company intends to use the net proceeds from the placement by December 31, 2028, with 80% allocated to support its artificial intelligence business, including infrastructure expansion and enhancement of cloud service capabilities, and 20% for working capital and other corporate purposes [1]

Core Viewpoint - Kingsoft Cloud (stock code: 03896) announced a financing plan through the placement of new shares, aiming to raise approximately HKD 2.8 billion, with a significant portion allocated to support its AI business [1] Group 1: Financing Details - Kingsoft Cloud plans to issue 338,000,000 shares, raising about HKD 2.8 billion (net proceeds approximately HKD 2.76 billion after expenses) [1] - The placement price of HKD 8.29 represents an 8.8% discount to the last closing price of HKD 9.090 and a 4.6% discount to the average closing price over the past five trading days of HKD 8.692 [1] - The new shares will account for approximately 8.1% of the existing issued share capital and about 7.5% of the enlarged share capital post-placement [1] Group 2: Use of Proceeds - Approximately HKD 2.21 billion (80%) of the proceeds will be used to support AI business, including infrastructure expansion and enhancement of cloud service capabilities [1] - The remaining HKD 550 million (20%) will be allocated for working capital and other corporate purposes [1] Group 3: Completion Timeline - The issuance is based on a general authorization granted by the shareholders and is expected to be completed on or before the sixth business day after the placement agreement date, or at another time agreed upon by the company and the placement agent [1]

Group 1: Market Overview - The Hong Kong Stock Exchange is expected to maintain its position as the global leader in new stock financing, with Shanghai and Shenzhen stock exchanges ranking fifth and eighth respectively [3] - The market has shown steady growth in new stock numbers and financing amounts due to the implementation of new regulatory policies, particularly in technology and new energy sectors [3] - Major U.S. tech stocks, including Nvidia and Amazon, experienced declines, contributing to a drop in the Nasdaq index by approximately 1% [4][5][6] Group 2: Company News - Alibaba's American Depository Receipts (ADR) were purchased by Ark Investment Management for approximately $16.3 million, marking the firm's first investment in Alibaba in four years [10] - Kingsoft Cloud has entered into a placement agreement to issue 338 million shares at a price of HKD 8.29 per share, with expected net proceeds of approximately HKD 2.76 billion, 80% of which will support AI business expansion [11] - Weimob Group has established a partnership with Genstore.ai as its exclusive strategic partner in China [12] - Postal Savings Bank plans to absorb its wholly-owned subsidiary, China Postal Bank [12] - Jiufang Zhitu Holdings intends to strategically invest in the licensed virtual asset trading platform EX.IO in Hong Kong [13]

Group 1 - The company, Kingsoft Cloud (03896), has entered into a placement agreement to issue a total of 338 million shares at a price of HKD 8.29 per share, conditional upon certain terms [1] - The estimated total proceeds from the placement are approximately HKD 2.802 billion, with a net amount of about HKD 2.76 billion expected [1] - The company plans to utilize the net proceeds from the placement by December 31, 2028, with 80% allocated to support AI business, including infrastructure expansion and enhancement of cloud service capabilities, and 20% for working capital and other corporate purposes [1]

Group 1 - The company, Kingsoft Cloud, announced a placement of new shares on the Hong Kong Stock Exchange [1] - The placement agreement was signed with the placement agent on September 23, after trading hours [1] - The company conditionally agreed to place a total of 338 million shares at a price of HKD 8.29 per share to no less than six subscribers [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，且並不構成收購、購買或認購本公司任何證券的邀請或要約。本公告並不構 成向美國、香港或任何其他司法管轄區的公眾提呈出售本公司任何證券的招股章程、發售通 函、通告、通函、宣傳冊或廣告，亦並非向公眾發出邀請以就認購或購買本公司任何證券作出 要約，亦非旨在邀請公眾就認購或購買本公司任何證券作出要約。本公告不得被視為認購或購 買本公司任何證券的勸誘，且並無意進行有關勸誘。本公司或配售代理或其各自的任何聯屬公 司及顧問概無於美國、香港或任何其他司法管轄區透過刊發本公告而發售本公司任何證券或徵 求購買本公司任何證券的要約。 Kingsoft Cloud Holdings Limited 金山云控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：03896） 配售新股份 董事會宣佈，於二零二五年九月二十三日（交易時段後），本公司與配售代理已 訂立配售協議，據此，本公司已有條件同意透過配售代理按每股 ...

Core Viewpoint - The majority of popular Chinese concept stocks experienced a decline on Tuesday, with the Nasdaq Golden Dragon China Index dropping by 2.22% [1] Group 1: Stock Performance - NIO saw a slight increase of approximately 0.14% [1] - Alibaba experienced a decrease of 0.72% [1] - Ctrip, Li Auto, and Tiger Brokers all fell by over 1% [1] - Sohu and JD.com dropped by more than 2% [1] - Kingsoft Cloud declined by about 4% [1] - Baidu suffered a significant drop of over 8% [1]

人民财讯9月23日电，美股开盘三大指数涨跌不一，道指涨0.1%，纳指跌0.04%，标普500指数跌 0.02%。台积电涨近3%，金山云跌超4%。 ...

Core Viewpoint - Kingsoft Cloud Holdings Limited has announced the pricing of its upsized offering of HK$2,802 million, indicating strong market interest and confidence in the company's growth potential [1] Group 1: Offering Details - The company is offering 338,000,000 ordinary shares at an offering price of HK$8.29 per share [1]

Group 1 - The core announcement is that Kingsoft Cloud (stock code: 3896) plans to raise funds by issuing 282,000,000 shares through a general authorization to sell ordinary shares to non-U.S. persons [1] - Morgan Stanley Asia Limited is appointed as the placement agent for this financing [1] - Approximately 80% of the raised funds will be allocated to support artificial intelligence initiatives, including infrastructure expansion and enhancement of cloud service capabilities, while the remaining 20% will be used for working capital and other corporate purposes [1] Group 2 - The issuance is expected to be completed by December 31, 2028, under the general authorization granted by the shareholders' meeting [1] - The announcement did not disclose details regarding the placement price or any discounts [1]