Kingsoft Corporation (03888.HK) Hot Analysis on January 1, 2026

At 10:30:01 on January 1, 2026 (UTC+8), the Hong Kong Stock Exchange was closed for the New Year holiday, so there were no stock trading data on that day. Kingsoft Corporation (03888.HK) became a hot topic in the market during this period, mainly influenced by the first coverage rating released by Galaxy Securities on the previous trading day (December 30, 2025).

As a listed company in the technology sector (domestic office software, game field) [1], Kingsoft Corporation (03888.HK) recently became a hot stock due to Galaxy Securities’ first coverage with a ‘Buy’ rating [1]. The report points out that the company has broad AI empowerment prospects and its game business is actively transforming and innovating, expecting stable revenue growth from 2025 to 2027 [1].

From a price background perspective, Kingsoft Corporation’s stock price fell by 15.5% throughout 2025, making it one of the five weakest components of the Hang Seng Tech Index [2]. This positive rating from Galaxy Securities comes at a time when the Hong Kong market maintains high interest in domestic AI concept stocks [3], so it is regarded as a potential reversal signal.

In terms of market sentiment, the analysts’ ‘Buy’ rating shows institutional confidence in the company’s AI empowerment and business transformation [1]. After the rating was released, market attention increased significantly, and discussions on social media and financial forums increased [3].

• Reverse Operation Signal
  : Galaxy Securities released a ‘Buy’ rating after the company’s stock price fell by 15.5% for the whole year. This reverse operation rating usually attracts market attention to potential reversals, especially in the current environment where AI concepts are favored [2][3].
• Sector Synergy Effect
  : Recently, the Hong Kong market has seen increased IPO activity driven by Chinese AI companies [3]. Kingsoft Corporation’s AI empowerment prospects exactly align with this sector hotspot, which may amplify the market’s positive response to the stock.
• Coexistence of Transformation Expectations and Risks
  : Although the rating is optimistic about the company’s game business transformation, the 2025 stock price performance reflects the uncertainty of business transformation. The market’s demand for verification of transformation effects will affect the subsequent stock price trend [1][2].

• Risks
  :
  • Performance Reversal Risk: The 15.5% drop in stock price in 2025 indicates business challenges, and the effects of AI empowerment and game business transformation still need time to verify [2].
  • Valuation Uncertainty: Lack of latest financial data makes it difficult to accurately judge the rationality of current valuation [0].
  • Market Volatility Risk: Technology stocks and AI concept stocks are highly volatile, and the first trading day after the holiday may have an amplified reaction [3].
• Opportunities
  :
  • Rating-Driven Rebound: Galaxy Securities’ ‘Buy’ rating may drive a stock price rebound in subsequent transactions [1].
  • AI Business Potential: As a leading domestic office software company, the company has broad AI empowerment prospects, which are in line with current market hotspots [1].
  • Sector Dividend: The continuous interest in AI concepts in the Hong Kong market may bring valuation improvement space for the company [3].

This analysis focuses on Kingsoft Corporation (03888.HK), a hot stock in the Hong Kong market on January 1, 2026. Its popularity mainly stems from Galaxy Securities’ first coverage with a ‘Buy’ rating, which is optimistic about its AI empowerment and game business transformation prospects. Despite a 15.5% drop in stock price throughout 2025, this rating is still regarded as a potential reversal signal. Note that the Hong Kong Stock Exchange was closed on the day the report was released, so there are no latest trading data available. Investors should pay attention to price changes, trading volume, and the company’s transformation progress in subsequent trading days, while noting the risks brought by technology stock volatility and transformation uncertainty.