Kingsoft Corp shares dropped 3.6% to HK$24.64 on Thursday following the company's H1 2026 earnings report. The report showed total first-half revenue of RMB 4.927 billion, up 6.1% year-over-year, and net profit attributable to shareholders surged roughly 100.8% to RMB 1.639 billion. Despite this strong growth, the market's reaction was negative, with Kingsoft falling past broader gains in Hong Kong tech stocks, which rose 0.8% as tracked by the Hang Seng index.
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