KC News and Press, Kingsoft Cloud Holdings Limited From 12/29/22

BEIJING, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“we,” “Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced that the shareholders of the Company duly adopted all...

Chinese stocks made some big moves on Thursday as the country moves closer to opening up its economy. There were minor official changes, like eliminating COVID-19 testing for access to some public places and a push to increase more of the elderly population to get vaccinated, but it will likely t...

iBio ( IBIO ) -51% on pricing $3.5M securities offering . Versus Systems ( VS ) -40% after pricing $2.1M securities offering . Ensysce Biosciences ( NASDAQ: ENSC ) -38% on pricing of $4.1M public offering . Carvana ( CVNA ) -24% . on bei...

Chinese tech company Kingsoft Cloud Holdings (NASDAQ: KC) was in a cloud for much of this week. According to data compiled by S&P Global Market Intelligence , the company's American Depositary Receipts (ADRs) were rising at a 16% clip week to date as of Friday before market open. ...

BEIJING, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the third quarter ended Septemb...

BEIJING, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (NASDAQ: KC) (“Kingsoft Cloud” or the “Company”), a leading independent cloud service provider in China, today announced that it will release its unaudited financial results for the third ...

Shares of Chinese and other international companies jumped sharply on Tuesday as hope spread that China's zero-COVID policy may be coming to a close. Rumors are floating that a government committee has been formed to study a plan for fully reopening China in March 2023. Markets acro...

Summary Kingsoft Cloud's consensus revenue projections for the FY 2022-2024 period have been reduced significantly, after the company issued disappointing third-quarter topline guidance. But there are expectations that KC can realize higher gross profit margins in the future, with...

Kingsoft Cloud Holdings ( NASDAQ: KC ) shares slipped on Wednesday as investment firm Citi downgraded the Chinese cloud computing company, citing its second-quarter miss and upcoming "transition." Analyst Brian Gong lowered his rating to neutral from buy on Kingsoft Cloud Ho...

Shares of Kingsoft Cloud Holdings (NASDAQ: KC) were down 18.7% as of 1:17 p.m. ET on Tuesday after the company delivered its second-quarter results. The Beijing-based cloud services provider reported that its revenues had decreased by 12% year over year, mostly due to weakening dema...