Hong Kong Stocks Movement | KINGSOFT CLOUD (03896) Rises Over 9% in Morning Session as Xingliu Platform Completes Strategic Upgrade, Evolves into One-Stop AI Training and Inference Full-Process Platform

Stock News09:50

KINGSOFT CLOUD (03896) surged more than 9% during the morning session. As of writing, the stock was up 9.13%, trading at HK$7.05 with a turnover of HK$509 million.

At the KINGSOFT CLOUD annual Tech Talk held on January 21, Liu Tao, Senior Vice President of KINGSOFT CLOUD, announced that the Xingliu intelligent computing platform has completed its strategic upgrade from a resource management platform to a comprehensive one-stop AI training and inference full-process platform.

The upgraded KINGSOFT CLOUD Xingliu platform has established a complete closed-loop system spanning from heterogeneous resource scheduling and self-healing training task failures to robotics industry application support and commercial implementation of model API services.

A McKinsey report forecasts that the global AI inference market will reach $150 billion by 2028, with a compound annual growth rate exceeding 40% from 2025 to 2028.

As the core infrastructure supporting the inference explosion, intelligent computing is poised to witness unprecedented market growth opportunities.

Through three-dimensional advancements in platform efficiency enhancement, industry boundary breakthroughs, and accelerated inference deployment, the KINGSOFT CLOUD Xingliu platform has fully prepared for the impending AI application surge.

Shenwan Hongyuan noted that AI-driven growth and ecosystem synergy effects will continue to be unleashed in the future.

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