HK Stock Market Move | KINGSOFT CLOUD (03896) rose more than 9% in early trading. Xingliu platform completed strategic upgrade and evolved into a one-stop AI training and recommendation platform.

KINGSOFT CLOUD (03896) rose over 9% in early trading, as of the time of publication, it was up 9.13% at HK$7.05, with a trading volume of HK$5.09 billion. On the news front, KINGSOFT CLOUD's Senior Vice President Liu Tao stated at the KINGSOFT CLOUD Annual Tech Talk on January 21 that the intelligent computing platform KINGSOFT CLOUD Xingliu has completed a strategic upgrade from a resource management platform to a one-stop AI training push full-process platform. With the upgrade, the KINGSOFT CLOUD Xingliu platform has built a full-loop closed chain from heterogeneous resource scheduling, training task fault self-healing, support for Siasun Robot & Automation industry applications, to commercialization of model API services. A McKinsey report predicts that the global AI inference market will reach $150 billion by 2028, with a compound annual growth rate of over 40% from 2025 to 2028. Intelligent computing, as the core infrastructure for the explosion of inference, will have unprecedented market growth space. Through improving platform efficiency, breaking through industry boundaries, and accelerating inference layout, the KINGSOFT CLOUD Xingliu platform has made sufficient preparations to meet the explosion of AI applications. Shenwan Hongyuan Group points out that the AI drive and ecological synergy effects will continue to be released in the future.