Core Viewpoint - Kingsoft Cloud (KC.US) has announced significant advancements in the intelligent computing cloud sector, with its StarStream platform evolving into a comprehensive AI training and deployment platform [1] Group 1: Platform Upgrade - The upgraded StarStream platform has established a full-chain closed loop, encompassing heterogeneous resource scheduling, training task self-healing, support for robotic industry applications, and commercialization of model API services [1] - The platform aims to enhance efficiency, break industry boundaries, and accelerate inference layout through a three-dimensional progression [1] Group 2: Ecosystem Empowerment - Kingsoft Cloud will further empower enterprises both within and outside its ecosystem to accelerate AI implementation [1] - Within the ecosystem, as the sole strategic cloud platform, the company continues to provide high-quality services, solidifying its rapid response capability to intelligent computing demands [1] - Outside the ecosystem, Kingsoft Cloud has successfully supported large-scale inference computing needs for leading internet industry clients and achieved breakthroughs in areas such as general model companies and embodied intelligence [1] Group 3: Market Outlook - Multiple institutions are optimistic about Kingsoft Cloud's AI development prospects, with CICC (601995) rating the company as outperforming the industry [1] - Shenwan Hongyuan indicates that the synergy effects driven by AI and ecosystem collaboration will continue to be released in the future [1]

Core Viewpoint - Kingsoft Cloud has made significant advancements in the intelligent computing cloud sector, transitioning its platform, Kingsoft Cloud Star Stream, from a resource management platform to a comprehensive AI training and deployment platform [1] Group 1: Strategic Developments - The company has been enhancing its full-stack AI capabilities, preparing for an anticipated explosion in AI applications [1] - The strategic roadmap includes the establishment of intelligent computing infrastructure in 2023, platformization and serverless architecture in 2024, and a one-stop AI training and deployment platform by 2025 [1] Group 2: Market Performance - Since the beginning of the year, the AI market has been thriving, with Kingsoft Cloud's stock performing notably well, experiencing multiple increases of approximately 20% in the Hong Kong stock market [1] - Analysts suggest that Kingsoft Cloud's proactive positioning and technological advancements in the intelligent computing cloud sector will allow the company to benefit from the AI development boom, unlocking new growth opportunities [1]

Core Insights - Kingsoft Cloud (KC.US) has announced a strategic upgrade of its AI platform, Kingsoft Cloud Starflow, transitioning from a resource management platform to a comprehensive AI training and inference platform [1] Group 1: Market Potential - A McKinsey report predicts that the global AI inference market will reach $150 billion by 2028, with a compound annual growth rate (CAGR) exceeding 40% from 2025 to 2028 [1] - As a core infrastructure for supporting inference, intelligent computing is expected to experience unprecedented market growth [1] Group 2: Company Strategy - Kingsoft Cloud Starflow has enhanced its platform efficiency, broken industry boundaries, and accelerated its inference layout in a three-dimensional upgrade [1] - Longzhong Securities indicates that Kingsoft Cloud has a clear growth logic, and the explosion of inference demand is likely to further open up market opportunities [1]

在今日举办的金山云年度Tech Talk上，金山云高级副总裁刘涛宣布，智算平台金山云星流已完成从资源 管理平台向一站式AI训推全流程平台的战略升级。 据悉，金山云星流训推平台提供从模型开发、训练到推理的完整生命周期管理，具备开发、训练、推理 和数据处理四大模块能力，通过降低多模块协同复杂度，能实现"开箱即用"的AI开发体验。 得益于在智算云领域的前瞻性布局和技术能力建设，智算云已经成为金山云业务的"新底色"。金山云 2025年Q3营收同比增长31%，其中智算云账单收入实现近120%的高速增长，在公有云收入占比达 45%。 ...

Group 1 - The core event was the conclusion presentation of the "Intelligent Start at Luojia: Python Kingsoft Camp" held at Wuhan University, showcasing the fruitful results of Kingsoft Group's integration of industry and education [1] - Since establishing its presence in Wuhan in 2017, Kingsoft has focused on technological innovation and deepening the construction of the "Ten Thousand R&D Center," contributing significantly to the high-quality development of Wuhan [1][2] Group 2 - Kingsoft's headquarters in Wuhan has become a key point for its layout, responding to the call of "One Million Alumni Returning to Hubei," with over 9,500 employees in collaboration with Xiaomi, steadily progressing towards the goal of a "Ten Thousand R&D Center" [2] - Kingsoft Office has upgraded WPS 365 into a global one-stop AI collaborative office platform, serving over 18,000 clients across more than 220 countries and regions [2] - Kingsoft Cloud is establishing a R&D center in Wuhan, with nearly 1,000 R&D personnel, 90% of whom are technical staff, building a full-stack cloud computing service capability [2] - The company has implemented an innovative "industry-education integration" model, collaborating with 13 universities in Wuhan to create training systems that have trained nearly 4,000 professionals over four years, averaging over 400 suitable R&D talents annually [2] Group 3 - Kingsoft plans to continue increasing R&D investment, deeply integrating into the construction of Hubei's National Science and Technology Innovation Center, and further enhancing collaborative innovation between industry, academia, and research [2]

Group 1 - The majority of popular Chinese concept stocks experienced declines on January 13, with Xiaoma Zhixing falling over 6% [1] - Pinduoduo saw a drop of more than 5% [1] - Kingsoft Cloud and Baidu both decreased by 4% [1] - NIO and Li Auto each fell by over 2% [1]

美股频道更多独家策划、专家专栏，免费查阅>> 责任编辑：栎树 1月13日，中概股收盘涨幅居前的个股为：平安生物医药涨41.85%，TJGC Group涨23.01%，金山云涨21.6%， Scully Royalty涨19.12%，直订科技涨18.85%。 | 代码 | 名称 | 最新价 | 涨跌幅√ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | PASW | 平安生物医药 | 0.2837 | 41.85% | +0.0837 | 3241.18万 | | TIGC | TJGC Group | 1.390 | 23.01% | +0.260 | 15.45万 | | KC | श्री ट | 13.400 | 21.60% | +2.380 | 6598.04万 | | SRL | Scully Royalty | 8.410 | 19.12% | +1.350 | 182.84万 | | ZDAI | 直订科技 | 0.2906 | 18.85% | +0.0461 | 29.81万 | ...

恒生互联网ETF(513330.SH)近日也开启补涨。其跟踪恒生互联网科技业指数，在上海证券交易所上市， 且支持T+0，其聚集了相对A股更为稀缺的一篮子互联网应用龙头(阿里巴巴/百度集团/腾讯控股/美团/金 山云/哔哩哔哩/万国数据/金蝶国际等)。 恒生互联网ETF基金经理徐猛认为：港股科技板块基本面驱动明确。"港股通科技汇聚国产AI核心资 产，涵盖算力、模型、软件应用和硬件终端等全产业链龙头企业；不仅如此，国内参与全球AI竞争的 互联网大厂在资本开支、上下游布局方面若有跟进动作，有望催化新一轮科技行情。" 1月13日，AI应用热度持续，港股科网股盘初上涨，金山云、阿里巴巴-W、万国数据-SW领涨超4%。 隔夜中概股普遍上涨，纳斯达克中国金龙指数涨超4%，金山云涨超21%，阿里巴巴涨逾10%。 参考2012-2014年移动互联网浪潮经验，港股互联网龙头在应用端的优势将逐步显现，其在AI应用领域 具备独特的产业布局优势，覆盖"通用大模型+云算力+垂类应用"的全链条，且软件及内容端占比显著 高于A股，有望成为AI商业化浪潮的核心受益方。 ...

Group 1 - The Hang Seng Technology Index increased by 1.93% and the Hang Seng Index rose by 1.32% [1] - Notable stock performances include: Zhaoyi Innovation up by 45.06%, Dali Group Holdings up by 13.35%, and Rongchang Bio up by 8.84% [1] - Declining stocks include: Times Angel down by 4.96%, Master Kong Holdings down by 4.18%, and CIMC Enric down by 3.72% [1]

Group 1 - The core point of the article highlights the significant stock price increases of several Chinese concept stocks, with notable gains led by Ping An Biopharmaceutical, which rose by 41.85% [1] - Ping An Biopharmaceutical (PASW) closed at 0.2837, experiencing a price increase of 0.0837 with a trading volume of 32.41 million [1] - TJGC Group (TIGC) saw a rise of 23.01%, closing at 1.390 with an increase of 0.260 and a trading volume of 154,500 [1] - Kingsoft Cloud (KC) increased by 21.60%, closing at 13.400, up by 2.380 with a trading volume of 65.98 million [1] - Scully Royalty (SRL) rose by 19.12%, closing at 8.410, with an increase of 1.350 and a trading volume of 1.8284 million [1] - Zhi Ding Technology (ZDAI) experienced an 18.85% increase, closing at 0.2906, up by 0.0461 with a trading volume of 298,100 [1]