Stock Track | Kingsoft Cloud Soars 5.06% Intraday on AI Agent Boom and Token Usage Surge

Stock Track
May 23

Kingsoft Cloud Holdings Ltd (KC) saw its stock price soar 5.06% during intraday trading on Friday, reflecting significant investor interest.

The surge is attributed to the booming adoption of AI agents, which is driving explosive growth in Token consumption. Institutional analysis from Haitong International highlights Kingsoft Cloud's unique position as an independent and flexible cloud service provider that benefits from this trend without competing with its customers. The company's AI business revenue grew 108% year-on-year in 2025, contributing 45% of its public cloud revenue, with projections to reach 60% in 2026 and 73% in 2027. Furthermore, data shows average daily Token call volume in China has grown over a thousandfold in two years, with CICC noting a multiplier effect on consumption as AI agent penetration increases.

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