---
title: "Understanding the Market | Kingsoft Cloud's increase expanded by over 21%, with a monthly increase exceeding 80%. The company is a core cloud service provider for Kingsoft and Xiaomi's ecosystem"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/228289901.md"
description: "Kingsoft Cloud's afternoon gains expanded by over 21%, with a cumulative increase of more than 80% this month. As of the time of writing, it rose 19.19% to HKD 10.62, with a trading volume of HKD 2.166 billion. In terms of news, Kingsoft Cloud announced that its multimodal data management platform KDX has completed the privatization deployment and adaptation of the DeepSeek-R1 distillation model, enabling a comprehensive upgrade of the platform's built-in model capabilities. Coupled with the dual-driven approach of \"Data for AI\" and \"AI for Data,\" KDX will assist customers in achieving efficiency leaps across the entire data production, management, and application chain through three major AI intelligent assistants. Citi published a research report indicating that breakthroughs in DeepSeek will help accelerate the creation of AI applications in China and drive demand for cloud computing. Among them, cloud service providers may be the best AI companies in China. Citi believes that, given Kingsoft Cloud's strategic partnership with Xiaomi and Kingsoft Software, the company is well-positioned to benefit from the AI boom, raising its target price for Kingsoft Cloud's U.S. stock from $5.50 to $20.50, maintaining an \"Outperform\" rating"
datetime: "2025-02-14T05:40:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228289901.md)
  - [en](https://longbridge.com/en/news/228289901.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228289901.md)
---

> 支持的語言: [简体中文](https://longbridge.com/zh-CN/news/228289901.md) | [English](https://longbridge.com/en/news/228289901.md)


# Understanding the Market | Kingsoft Cloud's increase expanded by over 21%, with a monthly increase exceeding 80%. The company is a core cloud service provider for Kingsoft and Xiaomi's ecosystem

According to Zhitong Finance APP, Kingsoft Cloud (03896) saw its afternoon gains expand by over 21%, with a cumulative increase of over 80% this month. As of the time of writing, it is up 19.19%, trading at HKD 10.62, with a transaction volume of HKD 2.166 billion.

In terms of news, Kingsoft Cloud announced that its multimodal data management platform KDX has completed the privatization deployment and adaptation of the DeepSeek-R1 distilled model, enabling a comprehensive upgrade of the platform's built-in model capabilities. Coupled with the dual drive of "Data for AI" and "AI for Data," KDX will leverage three major AI intelligent assistants to help clients achieve efficiency leaps across the entire data production, management, and application chain.

Citi published a research report stating that breakthroughs in DeepSeek will help accelerate the creation of AI applications in China and drive demand for cloud computing. Among them, cloud service providers may be the best AI companies in China. Citi believes that, given Kingsoft Cloud's strategic partnership with Xiaomi and Kingsoft Software, the company is well-positioned to benefit from the AI boom. The firm has significantly raised Kingsoft Cloud's U.S. stock target price from $5.50 to $20.50, maintaining an "Outperform" rating

### 相關股票

- [Kingsoft Cloud (KC.US)](https://longbridge.com/zh-HK/quote/KC.US.md)
- [KINGSOFT CLOUD (03896.HK)](https://longbridge.com/zh-HK/quote/03896.HK.md)
- [Xiaomi Corporation (XIACY.US)](https://longbridge.com/zh-HK/quote/XIACY.US.md)
- [XIAOMI-W (01810.HK)](https://longbridge.com/zh-HK/quote/01810.HK.md)
- [KINGSOFT (03888.HK)](https://longbridge.com/zh-HK/quote/03888.HK.md)

## 相關資訊與研究

- [Jefferies Sticks to Its Buy Rating for Kingsoft Cloud Holdings (KC)](https://longbridge.com/zh-HK/news/280919111.md)
- [Tesla China Demand Faces More Pressure: New Rival Premium EV Hits 15,000 Orders In 34 Minutes](https://longbridge.com/zh-HK/news/280672221.md)
- [Xiaomi kicks off upgraded SU7 deliveries, signs major China track deals](https://longbridge.com/zh-HK/news/280090365.md)
- [Huawei-backed Shangjie starts pre-sales for Z7 and Z7T to rival Xiaomi](https://longbridge.com/zh-HK/news/280128784.md)
- [BUZZ-China's Xiaomi loses most in six months; plans $8.7 billion in AI investment](https://longbridge.com/zh-HK/news/279879816.md)