SEHK:3888Entertainment
Kingsoft (SEHK:3888) Valuation Check As Xiaomi Partnership Is Renewed And Expanded
Kingsoft (SEHK:3888) has renewed and expanded its cooperation framework with Xiaomi and signed a new six year lease with Xiaomi affiliate Beijing Duokan, setting out detailed terms for connected transactions and ongoing operations.
See our latest analysis for Kingsoft.
These renewed Xiaomi agreements land after a mixed period for investors, with a 7 day share price return of 5.98% and a 1 year total shareholder return decline of 6.12%. This suggests that near term momentum is picking up while...