--- title: "Hong Kong stock movement: KINGSOFT CLOUD rose by 10.86%, with clear capital flow, market sentiment triggered volatility attention" description: "KINGSOFT CLOUD rose 10.86%; GDS Holdings Limited rose 1.18%, with a transaction volume reaching HKD 100 million; New Oriental Education & Technology Group rose 10.06%, with a transaction volume reachi" type: "news" locale: "en" url: "https://longbridge.com/en/news/277134698.md" published_at: "2026-02-27T03:07:31.000Z" --- # Hong Kong stock movement: KINGSOFT CLOUD rose by 10.86%, with clear capital flow, market sentiment triggered volatility attention > KINGSOFT CLOUD rose 10.86%; GDS Holdings Limited rose 1.18%, with a transaction volume reaching HKD 100 million; New Oriental Education & Technology Group rose 10.06%, with a transaction volume reaching HKD 87.59 million; Jiaming Technology rose 1.89%, with a transaction volume reaching HKD 180,000; YunGongChang's market value reached HKD 1.673 billion **Hong Kong Stock Movement** KINGSOFT CLOUD rose 10.86%, with no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks Ranked High in Industry Transaction Volume** GDS Holdings Limited rose 1.18%. Based on recent news, 1. On February 26, UBS included GDS Holdings in its list of favorite Chinese stocks and gave it a "Buy" rating with a target price of $57. This move boosted market confidence and drove the stock price up. 2. On February 25, China International Capital Corporation released a report indicating that ByteDance's Seedance 2.0 has significantly improved in terms of generation quality and consistency, which is expected to drive up demand for video model inference, particularly focusing on IDC-related companies like GDS Holdings. The firm gave GDS Holdings an "Outperform" rating with a target price of $60. 3. On February 24, GDS Holdings announced that it emphasizes its governance structure and weighted voting rights arrangements to ensure company control. Analysts rated its stock as "Buy" with a target price of HKD 49, further boosting investor confidence. The demand in the IDC industry is rising, with increased demand for video model inference. New Oriental Education & Technology Group rose 10.06%. Based on recent key news: 1. On February 27, New Oriental announced its interim results, with revenue of HKD 1.508 billion, a year-on-year increase of 2.6%, and a net profit of HKD 531 million, a year-on-year increase of 9.7%. The successful launch of the MEGA IDC project boosted market confidence, driving the stock price up. Source: Zhitong Finance 2. On February 26, New Oriental released its performance for the six months ending December 31, 2025, reporting a 7% increase in recurring revenue from data centers and IT facilities to HKD 1.377 billion, with EBITDA rising 4% year-on-year to HKD 1.096 billion, and profit margins expanding to 73%. Source: Zhitong Finance 3. On February 25, the group benefited from the downward trend in interest rates, with borrowing costs decreasing, and shareholders' profit rising 10% to HKD 531 million, maintaining strong cash generation capabilities. Source: Zhitong Finance Data Center demand is strong, and the interest rate environment is favorable. Jingwei Technology rose 1.89%, with a transaction volume of HKD 180,000, and no significant news recently. Trading is active, and capital flows are evident. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. **Stocks Ranked High in Industry Market Capitalization** YunGongChang has a market capitalization of HKD 1.673 billion. Based on recent key news: 1. On February 26, YunGongChang's executive director Zhu Wentao resigned to seek other personal development and career planning. This news may raise market concerns about the stability of the company's management, leading to stock price fluctuations. Source: Zhitong Finance 2. On February 26, YunGongChang announced through the Hong Kong Stock Exchange that it confirmed Zhu Wentao's resignation and stated that he had no disagreements with the board. This announcement aims to stabilize investor sentiment but has not completely eliminated market concerns Source: Zhitong Finance On February 26, YunGongChang emphasized in an announcement on the Hong Kong Stock Exchange that there are no other matters requiring shareholders' attention following Zhu Wentao's resignation. This move aims to alleviate market concerns about the company's future development. Source: Zhitong Finance The market is sensitive to changes in management and needs to pay attention ### Related Stocks - [03896.HK - KINGSOFT CLOUD](https://longbridge.com/en/quote/03896.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Beijing Kingsoft Office Software, Inc. Reports Earnings Results for the Full Year Ended December 31, 2025 | Beijing Kingsoft Office Software, Inc. reported earnings results for the full year ended December 31, 2025. For the full | [Link](https://longbridge.com/en/news/277223402.md) | | Stock Of The Day: False Breakout In Nvidia? | Nvidia (NVDA) shares are experiencing a potential false breakout, suggesting a bearish trend ahead. Despite reporting ea | [Link](https://longbridge.com/en/news/277087607.md) | | Quanta Computer says 2025 full-year net profit T$74.99 bln | Quanta Computer says 2025 full-year net profit T$74.99 bln | [Link](https://longbridge.com/en/news/277058404.md) | | NVIDIA Corporation $NVDA is AGF Management Ltd.'s Largest Position | AGF Management Ltd. reduced its stake in NVIDIA Corporation (NASDAQ: NVDA) by 2.4% in Q3, now holding 5,280,251 shares, | [Link](https://longbridge.com/en/news/277003627.md) | | 09:08 ETUnisound U1-OCR: The First Industrial-Grade Document Intelligence Foundation Model Ushering in the OCR 3.0 Era | Unisound has launched the U1-OCR, the first industrial-grade foundation model for document intelligence, marking the beg | [Link](https://longbridge.com/en/news/277055811.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.