KINGSOFT (03888) opened more than 6% higher, and as of press time, the stock was up 6.48% to HK$34.2, with a trading volume of HK$59.82 million.

On the news front, on October 9, China's Ministry of Commerce issued Announcement No. 61 of 2025, implementing export controls on certain overseas rare earth-related items containing Chinese components. Beyond the regulatory framework, two key details have sparked widespread discussion: the attachment was published in WPS format, and related application documents must be submitted in Chinese.

WPS is office software independently developed by Kingsoft Office, a subsidiary of KINGSOFT. According to Kingsoft Office's 2024 financial report, WPS Office's global monthly active devices (MAD) has exceeded 632 million, reaching a historical high with a year-over-year growth of 6.22%. Among these, the domestic daily active devices for WPS Office PC version exceeded 100 million.