Kingsoft Corporation stock trades at HKD 24.76 after insider buy

Kingsoft Corporation stock stood at HKD 24.76 on the Hong Kong Stock Exchange on September 24, 2026, down 0.64 percent on the session. The latest insider transaction adds a concrete shareholder signal, while the company's Q2 figures show higher revenue but lower profit than in Q1.

Lei Jun adds to his holding

As Futunn reported on September 21, 2026, Lei Jun increased his Kingsoft holding by 65,400 ordinary shares at an average price of HKD 24.4823. The transaction was valued at HKD 1.6011 million, and his long position reached 27.85 percent.

The purchase price was 1.12 percent below the September 24 market price of HKD 24.76. That comparison places the transaction close to the prevailing quotation rather than at a deep discount.

Revenue grows as profit contracts

Kingsoft generated CNY 2.499744376 billion in Q2 2026 revenue, compared with CNY 2.394871277 billion in Q1. The quarter-over-quarter increase was 4.38 percent, giving the company a higher top line in the latest reported period.

Profit moved in the opposite direction. Consolidated net income fell from CNY 1.081439051 billion in Q1 2026 to CNY 545.643944 million in Q2, a decline of 49.56 percent.

The contrast matters because Kingsoft combines office software and entertainment software. Revenue growth therefore needs to be assessed alongside the earnings conversion, especially as the Q2 operating profit of CNY 375.467281 million remained below the Q1 figure of CNY 313.260994 million only after other income effects changed the reported result.

Stock remains below yearly high

Kingsoft's market capitalization stood at HKD 33,584,041,198 on September 24, 2026. The HKD 24.76 share price was 35.18 percent below the 52-week high of HKD 38.20 and 20.78 percent above the 52-week low of HKD 20.50.

The stock therefore combines a modest daily decline with a wide annual trading span. The September 21 purchase by Lei Jun and the Q2 revenue increase provide two dated reference points, while the sharp quarter-over-quarter profit decline remains the key counterweight.