On June 15, Kingsoft Cloud rose 5.54% in regular trading, trading at 5.89 HKD/share, with turnover of approximately 83.97 million HKD.

On the news front, Kingsoft Cloud announced on June 12 that due to surging global AI computing demand and rising hardware costs, AI computing-related product and service prices would be raised by approximately 15%-50%, while file storage services would increase by 30%-50%. The new pricing takes effect on July 12, with existing orders unaffected during their current billing cycle.

Analysts noted this move continues an industry-wide repricing trend following Alibaba Cloud, Baidu Cloud, and Tencent Cloud, confirming a structural shift from competitive pricing to supply-demand-driven pricing in AI computing. Additionally, Guosheng Securities initiated coverage with a Buy rating and an 8 HKD target price, projecting revenue of 126, 155, and 194 billion yuan for 2026-2028, citing ecosystem AI demand explosion and its Xingliu platform strategic upgrade as core growth drivers.

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