Movement Alert｜KINGSOFT Intraday Rise 5.31% in Regular Trading, WPS Oman cooperation and strong first-nine-month office software results in focus

Market Focus11-05 10:37

On November 5, KINGSOFT rose 5.31% in regular trading, trading at HK$25.76, with turnover of HK$106 million.

The move coincided with fresh market attention on its office software subsidiary after WPS signed a cooperation memorandum with Oman government and telecom partners to advance digital office and AI capability deployment in the country.

Supporting the backdrop, Kingsoft Office reported first-nine-month revenue of RMB5.08 billion, up 21.57% year over year, while attributable net profit surged 123.77% to RMB2.637 billion. Separately, KINGSOFT's latest monthly filing showed no new share issuance, repurchase, or cancellation in October, indicating a stable capital structure during the period.

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