On August 19, KINGSOFT CLOUD fell 5.17% in regular trading, trading at 5.57 HKD/share, with turnover of HKD 107 million.

The company's board of directors is scheduled to convene today to review and approve the unaudited Q2 and interim results for the period ending June 30, with a management earnings call set for 20:15 Beijing/Hong Kong time. The stock had already fallen over 5% in the prior session amid intensifying pre-earnings volatility.

Market attention centers on AI revenue growth disclosure. Prior data indicated AI business contributed approximately 34% of total revenue, with full-year AI-related income projected to surge 109% year-over-year. Morgan Stanley previously initiated coverage with an Overweight rating and a $15 price target, citing optimism on the company's transformation from a mid-tier general cloud provider to an AI cloud services supplier, supported by Xiaomi and Kingsoft Group's ecosystem backing.

(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.)