KINGSOFT CLOUD (03896) surged over 5% following its earnings release. As of press time, the stock was up 5.19% to HK$7.9, with trading volume reaching HK$613 million. On the news front, KINGSOFT CLOUD announced its Q2 2025 results on August 20, reporting revenue of 23.5 billion yuan, representing a 24.2% year-over-year increase and 19.3% quarter-over-quarter growth. AI billing revenue reached 7.3 billion yuan, surging over 120% year-over-year, with its share of public cloud revenue climbing to 45%.