U.S. Stocks on the Move | Kingsoft Cloud (KC.US) Rises 5%, Selected for Goldman Sachs' China AI Select Portfolio

Zhitong Finance APP has learned that on Friday, Kingsoft Cloud (KC.US) rose 5% to $8.52. On the news front, Goldman Sachs recently published a research report stating that since the DeepSeek moment in early 2025, Chinese AI-related listed companies have created nearly $5 trillion in market value through share price gains and IPOs, and AI stocks now account for 42% of the total market value of A-shares and H-shares and 57% of trading volume. Goldman Sachs updated its "China Select AI Portfolio" to 50 stocks covering five major layers: power, semiconductors, infrastructure, models, and applications, with Kingsoft Cloud included in the infrastructure layer.