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KC - Cloud-storage provider Kingsoft Cloud to explore Hong Kong listing
Kingsoft Cloud Holdings Limited
In order to provide shareholders with greater liquidity and protection amid an evolving market and regulatory environment, Kingsoft Cloud Holdings Limited (KC +15.8%) is exploring a dual listing of it's ordinary shares on the Main Board of the Hong Kong Stock Exchange. The company said its business operations remain normal and uninterrupted despite recent fluctuations in its stock price. Since the start of 2022, the company has underperformed the broader market index: