New York-listed Chinese cloud services provider Kingsoft Cloud files to go public in Hong Kong

Kingsoft Cloud, the New York-listed Chinese cloud computing company, is planning a dual primary listing in Hong Kong, joining the growing ranks of US-listed mainland companies seeking to sell shares closer to home.

The Beijing-based company submitted its application to the Hong Kong stock exchange late on Wednesday, according to the bourse’s website.

“The proposed listing is subject to regulatory approvals, including comprehensive vetting procedures with the Hong Kong stock exchange, and other conditions, and there can be no assurance as to whether or when the proposed listing may be completed,” Kingsoft said in a press release.

“Through the application, the company demonstrates its commitment to provide its shareholders with greater liquidity and protection amid an evolving market and regulatory environment.”