HK Stock Market Move | KINGSOFT CLOUD (03896) opens over 3% higher after performance, driven by strong growth in cloud computing. Q4 revenue reaches a record high of 2.76 billion RMB.

KINGSOFT CLOUD (03896) rose more than 3% after the performance report, with a 3.31% increase to HK$7.8 as of the time of writing, with a total turnover of HK$7.5036 million. In terms of news, KINGSOFT CLOUD released its financial report for the fourth quarter of 2025. During the quarter, the company demonstrated strong growth driven by the Smart Cloud, with resilient growth in its core business. The financial report shows that KINGSOFT CLOUD's Q4 revenue reached a record high of HK$276 million, a year-on-year increase of 23.7%. Among them, Smart Cloud billing revenue reached HK$930 million, a year-on-year increase of 95%, accounting for 49% of public cloud revenue. During the quarter, KINGSOFT CLOUD's public cloud revenue reached HK$1.90 billion, a significant year-on-year increase of 34.9%; industry cloud revenue reached HK$860 million, a significant quarter-on-quarter increase of 18.4%; adjusted gross profit margin reached 17.1%, adjusted operating profit margin reached 2.0%, adjusted operating profit was HK$54.586 million, once again achieving profitability, and profitability continues to improve and be validated.