BEIJING, Nov. 30, 2020 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Restricted (“Kingsoft Cloud” or the “Firm”) (NASDAQ: KC), a number one unbiased cloud service supplier in China, right this moment introduced that it will likely be included within the MSCI China Index, efficient after the U.S. market shut on November 30, 2020.
Kingsoft Cloud is certainly one of solely two US-listed Chinese language firms chosen for the MSCI China Index inclusion on this upcoming reconstitution. That is certainly an amazing milestone for the corporate and inclusion in MSCI China Index displays firm’s continued progress whereas enhancing its main place as an unbiased cloud service supplier in China.
MSCI is a number one supplier of research-based indexes and analytics worldwide. The indices cowl 1000’s of securities from totally different geographic sub-areas and cap sizes which have good operational outcomes and potential. The MSCI market cap weighted indices are amongst probably the most revered and extensively used benchmarks within the monetary {industry}, and the MSCI China Index is extensively used amongst institutional buyers.
About Kingsoft Cloud Holdings Restricted
Kingsoft Cloud Holdings Restricted (NASDAQ: KC) is a number one unbiased cloud service supplier in China. Kingsoft Cloud has constructed a complete and dependable cloud platform consisting of in depth cloud infrastructure, cutting-edge cloud merchandise and well-architected industry-specific options throughout public cloud, enterprise cloud and AIoT cloud companies.
For extra info, please go to: http://ir.ksyun.com.
Secure Harbor Assertion
This announcement accommodates forward-looking statements. These statements are made below the “safe harbor” provisions of the U.S. Personal Securities Litigation Reform Act of 1995. These forward-looking statements will be recognized by terminology resembling “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and comparable statements. Amongst different issues, the Enterprise Outlook and quotations from administration on this announcement, in addition to Kingsoft Cloud’s strategic and operational plans, include forward-looking statements. Kingsoft Cloud may additionally make written or oral forward-looking statements in its periodic experiences to the U.S. Securities and Alternate Fee (“SEC”), in its annual report back to shareholders, in press releases and different written supplies and in oral statements made by its officers, administrators or staff to fourth events. Statements that aren’t historic information, together with however not restricted to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Ahead-looking statements contain inherent dangers and uncertainties. Numerous elements may trigger precise outcomes to vary materially from these contained in any forward-looking assertion, together with however not restricted to the next: Kingsoft Cloud’s objectives and methods; Kingsoft Cloud’s future enterprise growth, outcomes of operations and monetary situation; the related authorities insurance policies and laws regarding Kingsoft Cloud’s enterprise and {industry}; the anticipated progress of the cloud service market in China; the expectation concerning the speed at which to realize clients, particularly Premium Clients; Kingsoft Cloud’s potential to monetize the client base; fluctuations usually financial and enterprise situations in China; the impression of the COVID-19 to Kingsoft Cloud’s enterprise operations and the financial system in China and elsewhere typically; China’s political or social situations and assumptions underlying or associated to any of the foregoing. Additional info concerning these and different dangers is included in Kingsoft Cloud’s filings with the SEC. All info offered on this press launch and within the attachments is as of the date of this press launch, and Kingsoft Cloud doesn’t undertake any obligation to replace any forward-looking assertion, besides as required below relevant legislation.
For investor and media inquiries, please contact:
Kingsoft Cloud Holdings Restricted
Nicole Shan
Tel: +86 (10) 6292-7777 Ext. 6300
Electronic mail: ksc-ir@kingsoft.com
Christensen
Ms. Linda Bergkamp
Telephone: +1-480-614-3004
E-mail: lbergkamp@christensenir.com
