HK Stock Market Move | FS.COM (03355) up over 5%, first-quarter adjusted net profit growth exceeds 70% year-on-year, the company continues to strengthen the core track layout of AI computing power network.
Cheetah Mobile (03355) surged over 5%, as of the time of writing, it increased by 5.22%, closing at HK$42.36, with a trading volume of HK$12.2769 million.
FS.COM (03355) rose more than 5%, as of the time of this report, it has increased by 5.22% to 42.36 Hong Kong dollars, with a trading volume of 122.769 million Hong Kong dollars.
On the news front, recently, FS.COM released the performance for the three months ending March 31, 2026, benefiting from the continuous optimization and iterative upgrade of CKH HOLDINGS network solutions in response to customer demand, the group's core business order volume has steadily increased. During the reporting period, the company achieved a total revenue of RMB 787.4 billion, a year-on-year increase of 24.6%, with the revenue of high-performance network solutions increasing by 40.8% year-on-year. Adjusted net profit reached RMB 176.7 million, a year-on-year increase of 72.2%.
During the reporting period, the company continued to strengthen its core layout in the AI computing power network, continuously upgrading core technology and product capabilities, completing the iterative upgrade of switch operating systems and cloud network management platforms, strengthening multi-chip unified adaptation capabilities, realizing the evolution of the platform towards integrated intelligent management of "control, management, and analysis", and accelerating the transformation to the "software platform + network infrastructure comprehensive solution" model; simultaneously promoting product solutions and integrated delivery line construction, comprehensively enhancing overall solution and system integration delivery capabilities.
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