On July 8, Kingsoft Cloud rose 5.11% in regular trading, trading at 5.19 HKD/share, with turnover of 122 million HKD.

On the news front, multiple positive catalysts are converging. Xiaomi's GPU computing power demand for Kingsoft Cloud has been upgraded from a 10,000-card cluster to an ultra-large-scale computing cluster, with total project investment budget sharply raised from approximately 4 billion yuan to over 10 billion yuan. Additionally, Alibaba's large model team has signed a 5-year computing power lease contract with Kingsoft Cloud involving over 3,000 eight-GPU servers, with annualized revenue exceeding 4 billion yuan upon full delivery. The two anchor customers significantly enhance revenue visibility.

Furthermore, the company previously announced AI computing-related product and service price increases of approximately 15%-50%, set to take effect on July 12. With the pricing adjustment just days away, the market's expectations for near-term revenue and margin improvement have intensified. Analysts note this repricing marks the industry's shift from competitive pricing to supply-demand-driven pricing.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)