On October 12, KINGSOFT rose 5.7% in regular trading, trading at HK$27.0/share, with Turnover of HK$167 million. The upward move was driven by signals of confidence from major shareholders and management. According to exchange disclosures, Chairman Lei Jun made multiple on-market purchases in late September and early October, including a purchase of 311,200 shares at an average price of HK$24.4601 on October 2, raising his long position to 27.90%.

Meanwhile, global asset management giant BlackRock increased its stake on September 30 through a share pledge interest transaction, with its long position rising from 4.48% to 5.17%. The combined buying by the controlling shareholder and a major institutional investor delivered a positive signal to the market regarding the company's long-term value.

(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.)