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Kingsoft Cloud Holdings Ltd ( (HK:3896) ) has issued an announcement.
Kingsoft Cloud Holdings Ltd has entered into a finance lease agreement with Yangtze United Financial Leasing Co., Ltd., which involves the sale and leaseback of servers worth RMB500 million for three years. This transaction aims to strengthen Kingsoft Cloud’s financing channels, improve liquidity, and optimize its capital structure, thereby potentially enhancing its operational efficiency and market position.
More about Kingsoft Cloud Holdings Ltd
Kingsoft Cloud Holdings Ltd is a company incorporated in the Cayman Islands, primarily involved in cloud services, with a focus on data information technology. It is listed on the Stock Exchange of Hong Kong and Nasdaq, indicating a significant presence in both Asian and global markets.
YTD Price Performance: -1.01%
Average Trading Volume: 124,357,605
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$22.45B
Learn more about 3896 stock on TipRanks’ Stock Analysis page.