Kingsoft Cloud (03896.HK) plans to issue a total of 338 million shares, raising approximately 2.76 billion Hong Kong dollars.

China Fortune Financial News APP News, Kingsoft Cloud (03896.HK) announced that on September 23, 2025 (after trading hours), the company has entered into a placement agreement with placement agents, pursuant to which, the company has conditionally agreed to place a total of 338 million shares to no less than six underwriters at a price of HK$8.29 per share.