MSKSOFT@EC2609A

Kingsoft Spent HKD 9,996,300 to Repurchase 355,200 Shares

Kingsoft Corporation repurchased 1.1142 million shares for approximately HK$30 million on February 6, 2026

Kingsoft Corporation repurchased 344,400 shares for HKD9,997,800

BlackRock Increases Stake in Kingsoft to 5.18%

Xiaomi Wuhan Headquarters Wins Excellent Pursuit Award and Kingsoft Wins Annual Technology Industry Contribution Award

Fullwell Fund Management Co. Ltd. Increases Stake in Kingsoft

Kingsoft and Rovio Reach Strategic Cooperation to Distribute and Operate Angry Birds Games in China

Morgan Stanley Downgrades Kingsoft Corporation to 'Neutral' with Target Price of HKD 33

Galaxy Securities Gives Jinshan Software a 'Recommend' Rating, Bullish on Its AI Empowerment Prospects

Kingsoft Rents Mi Properties to Promote Business Growth

Kingsoft Extends Cooperation Agreement with Xiaomi Until 2028

Kingsoft Corporation Repurchased 713,600 Shares for HKD 19.9966 Million

Kingsoft Repurchased 354,000 Shares

Kingsoft repurchased 228,400 shares

Kingsoft Corporation repurchased 702,800 shares for HKD 19,999,400

Kingsoft Corporation repurchased 345,000 shares for HKD 9.997 million

Kingsoft Corp repurchased shares for HKD 9,999,900

Kingsoft repurchased 351,200 shares on December 2, 2025

Kingsoft's Q3 Earnings Report Leads to Stock Price Drop, Investment Banks Cut Target Prices

Morgan Stanley Downgrade Kingsoft Target Price to HKD 33

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The Hang Seng TECH Index fell over 2% intraday, KINGDEE INT'L dropped nearly 14%, and KINGSOFT fell nearly 6%

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Software stocks experienced their worst day in 10 months, with significant declines following disappointing earnings reports from Microsoft and ServiceNow. Investors are increasingly concerned about the potential disruption from low-cost AI tools, despite software companies' investments in AI. Microsoft and ServiceNow shares fell around 12%, while SAP dropped over 15%. The iShares Expanded Tech-Software Sector ETF declined 5.8%, marking its worst daily drop since April. In contrast, chip stocks continue to perform well, highlighting a stark divide in the tech sector.

- The technology sector's performance has diverged, with semiconductor stocks thriving while software stocks struggle significantly.  
- Investors have expressed concerns over software companies' abilities to compete against low-cost AI tools, leading to a downturn in their stock prices, notably Microsoft and ServiceNow, which both fell around 12%.  
- In contrast, chip sector stocks, like Sandisk and Micron Technology, have emerged as strong performers within the S&P 500, showcasing distinct investor preferences in the current market landscape.

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iShares Expanded Tech Software Sector ETF

YieldMax MSFT Option Income Strategy ETF

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GraniteShares 2x Long MSFT Daily ETF

Kurv Yield Premium Strategy Microsoft MSFT ETF

Direxion Daily MSFT Bear 1x Shares

Direxion Daily MSFT Bull 2X Shares

T-Rex 2X Long Microsoft Daily Target ETF

SPDR S&P Software

Software stocks suffer worst day in 10 months, widening the gap with hot chip stocks

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GF Securities analyst maintained a Buy rating on Kingsoft yesterday and set a price target of HK$50.25. The company’s shares closed last Wednesday at HK$30.56.Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kingsoft with a HK$41.72 average price target.

Tip Ranks

KINGSOFT CLOUD

GF Securities Remains a Buy on Kingsoft (KSFTF)

Kingsoft (SEHK:3888) has renewed its partnership with Xiaomi, signing a six-year lease with Beijing Duokan. Despite a recent 5.98% share price increase, the stock has seen a 6.12% decline over the past year. Analysts suggest Kingsoft is undervalued, with a fair value of HK$40.87 per share, driven by growth in AI-enhanced office products. However, concerns remain about the gaming business and cash conversion. A DCF analysis indicates a fair value of HK$83.28, but the current P/E ratio of 25x suggests valuation risks if market sentiment shifts. Investors are encouraged to explore other tech opportunities.

Simplywall

Kingsoft (SEHK:3888) Valuation Check As Xiaomi Partnership Is Renewed And Expanded

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Kingsoft Corporation has renewed its three-year connected transaction framework with Xiaomi Group, extending the agreement to December 31, 2028. The deal formalizes ongoing transactions, with Kingsoft providing services like promotion and game operations on Xiaomi's platforms, while Xiaomi offers promotional and ancillary services. As Lei Jun, a substantial shareholder, is associated with Xiaomi, the deal is classified as a connected transaction under Hong Kong rules, exempting it from independent shareholder approval. The renewal highlights the long-term partnership between the two companies. The current analyst rating for Kingsoft stock is a Hold with a price target of HK$30.00.

- Kingsoft Corporation has renewed its framework agreement with Xiaomi Group for three more years, formalizing connected transactions.  
- Under this agreement, Kingsoft will provide various services to Xiaomi while receiving promotional support and products in return.  
- The renewal reflects a stable relationship between the companies and complies with Hong Kong listing rules regarding connected transactions, with the latest analyst rating for Kingsoft stock categorized as a Hold, targeting HK$30.00.

Xiaomi Corporation

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Kingsoft Renews Three-Year Connected Transaction Framework with Xiaomi

Kingsoft Corporation Limited has signed a lease agreement with Beijing Duokan Technology Co., Ltd., a Xiaomi affiliate. The agreement involves leasing premises with rent based on actual use, payable every six months. Lessees must pre-pay rent and provide a security deposit equivalent to one month’s rent. The lease also includes parking lot rent provisions. This announcement was published via the Hong Kong Stock Exchange.

Reuters

Kingsoft Corporation Signs Lease Agreement with Beijing Duokan

Kingsoft's subsidiary, BKOS, has granted 669,000 restricted shares to core employees as part of its 2025 incentive scheme. This announcement was published by Kingsoft Corporation Limited through the Hong Kong Stock Exchange.

Kingsoft Subsidiary BKOS Grants 669,000 Restricted Shares to Core Employees

Xishanju announced executive changes, CEO Guo Weiwei resigned due to personal career planning but will continue to serve as Chief Producer. KINGSOFT CEO and Xishanju Chairman Zou Tao has been appointed as the acting CEO

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Xishanju executive changes: Guo Weiwei resigns as CEO, Zou Tao appointed as acting CEO

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The upcoming week features corporate earnings presentations for several Chinese companies, including Trina Solar, Zhuzhou CRRC Times Electric, Beijing Kingsoft Office Software, Shanxi Xinghuacun Fen Wine Factory, SDIC Capital, and Poly Developments and Holdings Group. The presentations are scheduled between December 1st and December 5th, 2025. EPS estimates are not provided in the diary but can be accessed through Workspace.

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China corporate earnings week ahead

Morgan Stanley's Yang Liu CFA maintained a Hold rating on Kingsoft with a price target of HK$38.00. Kingsoft's shares closed at HK$30.72. Liu is a 5-star analyst with a 32.7% average return. TR | OpenAI's Luna Questelle also rated Kingsoft as Hold, while CLSA maintained a Buy rating.

Morgan Stanley Sticks to Its Hold Rating for Kingsoft (KSFTF)

UOB Kay Hian maintained a Buy rating on Kingsoft with a price target of HK$44.00, while CLSA also issued a Buy rating. Kingsoft's shares closed at HK$28.56. TR | OpenAI reiterated a Hold rating. Analysts' opinions vary, reflecting differing investment strategies.

UOB Kay Hian Keeps Their Buy Rating on Kingsoft (KSFTF)

$KINGSOFT(03888.HK)nice trend 🤤🤤

MSKSOFT@EC2609A(19120.HK)

The Hang Seng TECH Index fell over 2% intraday, KINGDEE INT'L dropped nearly 14%, and KINGSOFT fell nearly 6%

Software stocks suffer worst day in 10 months, widening the gap with hot chip stocks

GF Securities Remains a Buy on Kingsoft (KSFTF)

Kingsoft (SEHK:3888) Valuation Check As Xiaomi Partnership Is Renewed And Expanded

Kingsoft Renews Three-Year Connected Transaction Framework with Xiaomi