Movement Alert｜Kingsoft Cloud Falls 6% in Regular Trading, Q1 Loss Expansion and Sector Weakness Weigh on Stock

Market Focus06-08

On June 8, Kingsoft Cloud fell 6% in regular trading, trading at 5.96 HKD/share, with trading volume of 144 million HKD, extending its recent correction trend.

On the news front, the company's Q1 earnings report revealed widening losses, with net loss expanding to 344 million yuan, up 8.7% year-over-year. Adjusted gross margin dropped sharply from 17.1% in the prior quarter to 13.0%, primarily due to depreciation costs from AI computing cloud expansion surging 116.4% year-over-year. Despite revenue growing 37.2% to 2.704 billion yuan, single-quarter capital expenditure reached 3 billion yuan while cash reserves declined from 6.018 billion yuan to 4.904 billion yuan, raising market concerns over profitability and cash flow sustainability.

Within the Internet Services and Infrastructure sector, the overall sector weakened notably. Among individual stocks, GDS-SW down 5.61%, SUNEVISION down 4.21%, CLOUD FACTORY up 0.33%, CRYPTO FLOW up 2.44%, NEXION TECH flat. The sector linkage effect intensified selling pressure on Kingsoft Cloud.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1195684560?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-08 09:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1195684560","market":"us","top_or_hot":-1,"title":"Movement Alert｜Kingsoft Cloud Falls 6% in Regular Trading, Q1 Loss Expansion and Sector Weakness Weigh on Stock","media":"Market Focus","content":"<p><p>On June 8, Kingsoft Cloud fell 6% in regular trading, trading at 5.96 HKD/share, with trading volume of 144 million HKD, extending its recent correction trend.</p><p>On the news front, the company's Q1 earnings report revealed widening losses, with net loss expanding to 344 million yuan, up 8.7% year-over-year. Adjusted gross margin dropped sharply from 17.1% in the prior quarter to 13.0%, primarily due to depreciation costs from AI computing cloud expansion surging 116.4% year-over-year. Despite revenue growing 37.2% to 2.704 billion yuan, single-quarter capital expenditure reached 3 billion yuan while cash reserves declined from 6.018 billion yuan to 4.904 billion yuan, raising market concerns over profitability and cash flow sustainability.</p><p>Within the Internet Services and Infrastructure sector, the overall sector weakened notably. Among individual stocks, GDS-SW down 5.61%, SUNEVISION down 4.21%, CLOUD FACTORY up 0.33%, CRYPTO FLOW up 2.44%, NEXION TECH flat. The sector linkage effect intensified selling pressure on Kingsoft Cloud.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Kingsoft Cloud Falls 6% in Regular Trading, Q1 Loss Expansion and Sector Weakness Weigh on Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Kingsoft Cloud Falls 6% in Regular Trading, Q1 Loss Expansion and Sector Weakness Weigh on Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-08 09:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 8, Kingsoft Cloud fell 6% in regular trading, trading at 5.96 HKD/share, with trading volume of 144 million HKD, extending its recent correction trend.</p><p>On the news front, the company's Q1 earnings report revealed widening losses, with net loss expanding to 344 million yuan, up 8.7% year-over-year. Adjusted gross margin dropped sharply from 17.1% in the prior quarter to 13.0%, primarily due to depreciation costs from AI computing cloud expansion surging 116.4% year-over-year. Despite revenue growing 37.2% to 2.704 billion yuan, single-quarter capital expenditure reached 3 billion yuan while cash reserves declined from 6.018 billion yuan to 4.904 billion yuan, raising market concerns over profitability and cash flow sustainability.</p><p>Within the Internet Services and Infrastructure sector, the overall sector weakened notably. Among individual stocks, GDS-SW down 5.61%, SUNEVISION down 4.21%, CLOUD FACTORY up 0.33%, CRYPTO FLOW up 2.44%, NEXION TECH flat. The sector linkage effect intensified selling pressure on Kingsoft Cloud.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03896","symbol_name":"金山云","start_time":0,"source_url":"","article_id":"1195684560","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1195684560","pubTimestamp":1780883944,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 8, Kingsoft Cloud fell 6% in regular trading, trading at 5.96 HKD/share, with trading volume of 144 million HKD, extending its recent correction trend.On the news front, the company's Q1...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"03896":"金山云"},"translate_title":"动向提示|金山云常规交易跌6%Q1亏损扩大及板块疲软令股价承压","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03896":1},"content_text":"On June 8, Kingsoft Cloud fell 6% in regular trading, trading at 5.96 HKD/share, with trading volume of 144 million HKD, extending its recent correction trend.On the news front, the company's Q1 earnings report revealed widening losses, with net loss expanding to 344 million yuan, up 8.7% year-over-year. Adjusted gross margin dropped sharply from 17.1% in the prior quarter to 13.0%, primarily due to depreciation costs from AI computing cloud expansion surging 116.4% year-over-year. Despite revenue growing 37.2% to 2.704 billion yuan, single-quarter capital expenditure reached 3 billion yuan while cash reserves declined from 6.018 billion yuan to 4.904 billion yuan, raising market concerns over profitability and cash flow sustainability.Within the Internet Services and Infrastructure sector, the overall sector weakened notably. Among individual stocks, GDS-SW down 5.61%, SUNEVISION down 4.21%, CLOUD FACTORY up 0.33%, CRYPTO FLOW up 2.44%, NEXION TECH flat. The sector linkage effect intensified selling pressure on Kingsoft Cloud.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1195684560","isCrawlerRequest":true}