Core Viewpoint - Kingsoft Cloud (03896) experienced a nearly 10% increase in stock price, attributed to a strong Q2 performance driven by AI, with revenue growth of 24.2% year-on-year [1] Financial Performance - Q2 revenue reached 2.35 billion yuan, marking a year-on-year increase of 24.2% [1] - Public cloud revenue was 1.63 billion yuan, up 31.7% year-on-year [1] - Industry cloud revenue amounted to 720 million yuan, reflecting a year-on-year growth of 10.1% [1] AI Impact - AI has had a positive impact on the main business, contributing to the overall strong performance of the company [1] Analyst Ratings - Bank of America issued a report indicating that AI development is driving robust growth in the public cloud business [1] - The firm has a "Buy" rating on Kingsoft Cloud, with a target price of 10.6 Hong Kong dollars [1]
港股异动 | 金山云(03896)涨近10% 公司Q2营收同比增长24.2% AI带动业绩强劲增长