This article only represents the author's own views.
When Kingsoft Cloud Holdings Ltd. (3896.HK; KC.US) released its 2025 annual results in March, the charismatic Lei Jun, who currently leads smartphone giant Xiaomi, announced his resignation as non-executive chairman, succeeded by vice chairman and CEO Zou Tao. Kingsoft Cloud seems to be doing well under its new leadership, judging from the solid results in its first financial report since that changing of the guard.