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KC - Spurned By New York Kingsoft Cloud Looks For Love In Hong Kong
Kingsoft Cloud Holdings Limited
Kingsoft Cloud is studying a possible dual listing in Hong Kong to complement its current listing on the Nasdaq.
Company made the announcement after the U.S. securities regulator reminded U.S.-listed Chinese firms they could face forcible delistings under a law passed in December 2020.
Even if the company is ultimately forced to delist, that won’t mean it doesn’t have any value.