Core Viewpoint - Kingsoft Cloud (03896) experienced a nearly 10% increase in stock price, reaching HKD 8.99 with a trading volume of HKD 1.558 billion, following the release of its Q2 2025 financial report [1] Financial Performance - For Q2 2025, Kingsoft Cloud reported revenue of RMB 2.35 billion, representing a year-on-year growth of 24.2% [1] - Public cloud revenue was RMB 1.63 billion, showing a year-on-year increase of 31.7% [1] - Industry cloud revenue reached RMB 720 million, with a year-on-year growth of 10.1% [1] Impact of AI - The integration of AI has positively influenced the company's core business, contributing to strong overall performance growth [1] - Bank of America highlighted that the development of AI is driving robust growth in the public cloud sector [1] Analyst Rating - Bank of America issued a "Buy" rating for Kingsoft Cloud, setting a target price of HKD 10.6, citing strong AI demand as a key factor for the company's performance exceeding expectations [1]
金山云涨近10% 公司Q2营收同比增长24.2% AI带动业绩强劲增长