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Kingsoft Cloud Holdings Limited shares fall 3.74% premarket after Xiaomi's downgrade by Nomura.
ByAinvest
Friday, Aug 8, 2025 4:37 am ET1min read
Kingsoft Cloud Holdings Limited fell 3.74% in premarket trading. The decline in stock price may be attributed to the negative sentiment from the downgrade of Xiaomi by Nomura to Neutral from Buy, which could have impacted investor confidence in the broader tech sector.
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