HK Stock Market Move | KINGSOFT (03888) soared nearly 5% in the afternoon. Beijing Kingsoft Office Software, Inc. reported significant growth in earnings, and Kingsoft Game will increase investment in core IP.

KINGSOFT (03888) rose nearly 5% in the afternoon; as of the time of this report, it had increased by 4.26% to HKD 27.9, with a transaction volume of HKD 459 million. In news, KINGSOFT's subsidiary, Beijing Kingsoft Office Software, Inc., recently released an earnings surprise, expecting revenue in the first half of the year to be between RMB 3.214 billion and RMB 3.413 billion, a year-on-year increase of 20.95% to 28.43%; the net profit attributable to the parent company is expected to be between RMB 2.316 billion and RMB 2.719 billion, a year-on-year increase of 209.98% to 263.89%. Furthermore, during ChinaJoy 2026, KINGSOFT Group Vice President and CEO of Kingsoft Game, Zheng Ke, stated that since the business adjustment in 2020, Kingsoft Game has gradually explored a development path shifting from product-driven to long-term IP operations. The emergence of "Goose Goose Duck" has brought the company a "second growth curve." He expressed that Kingsoft Game will further increase investment in core IPs such as "Goose Goose Duck," "Angry Birds," and "Cat Quest," while actively exploring long-term connections with more quality IPs.