On August 25th, Hong Kong AI concept stocks showed strong performance, with WEIMOB INC surging over 15%, Fourth Paradigm rising over 7%, Vantage Data Centers climbing over 6%, and Kingsoft Cloud Holdings Ltd gaining over 5%, touching a high of HK$8 to reach a monthly peak.

On the corporate news front, WEIMOB INC recently announced its interim results for 2025, reporting revenue of approximately RMB 775.5 million and adjusted revenue of approximately RMB 775.5 million, representing a year-over-year increase of 7.8%. Gross profit reached approximately RMB 582 million, up 1.1% year-over-year, while adjusted gross profit was approximately RMB 583 million, surging 36.1% year-over-year. The company achieved an adjusted net profit of RMB 16.9 million, marking its first return to profitability since 2021.

Kingsoft Cloud Holdings Ltd released its second-quarter earnings last week, showing that AI has positively impacted its core business and driven strong overall performance growth. The financial results revealed that Kingsoft Cloud Holdings Ltd's Q2 revenue reached RMB 2.35 billion, up 24.2% year-over-year. Adjusted EBITDA surged 570.1% year-over-year to RMB 410 million, with the adjusted EBITDA margin reaching 17.3%, an improvement of 14.1 percentage points year-over-year. Public cloud services generated revenue of RMB 1.63 billion, up 31.7% year-over-year, while industry cloud services achieved revenue of RMB 720 million, increasing 10.1% year-over-year. AI billing revenue reached RMB 730 million, growing over 120% year-over-year. Additionally, revenue from Xiaomi and Kingsoft ecosystem reached RMB 630 million, up 69.5% year-over-year.

A research report indicates that looking ahead to the third quarter, with large-scale clusters gradually being delivered, the revenue acceleration trend is expected to continue. Furthermore, with the increasing proportion of revenue-sharing models and the "three-generation" model (procurement, construction, and operation agency), the adjusted EBITDA margin for the full year 2025 is expected to maintain a year-over-year improvement trend. The firm maintains an "outperform" rating with a target price of $16.3.