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An update from Qiniu Limited ( (HK:2567) ) is now available.
Qiniu Limited has renewed its framework agreement with Alibaba Cloud Computing, under which the company and its subsidiaries will continue to purchase cloud services and electronic equipment from Alibaba Cloud for another three years. The renewed deal, effective from January 1, 2026 to December 31, 2028, keeps all material terms unchanged, underscoring Qiniu’s reliance on Alibaba’s cloud infrastructure to support its operations.
Because Alibaba Cloud is an associate of substantial shareholder Taobao China, the arrangement is treated as a continuing connected transaction under Hong Kong listing rules. The size of the annual caps triggers reporting, annual review and announcement obligations, but the transaction remains exempt from circular and independent shareholders’ approval, streamlining compliance while maintaining transparency for investors.
More about Qiniu Limited
Qiniu Limited is a Cayman Islands–incorporated company listed in Hong Kong, operating in the cloud services and related technology sector. The group engages in purchasing and integrating cloud services and electronic equipment, and maintains strategic relationships with major cloud infrastructure providers such as Alibaba Cloud Computing to support its platform and service offerings.
Average Trading Volume: 3,855,908
Technical Sentiment Signal: Sell
Current Market Cap: HK$941.7M
For a thorough assessment of 2567 stock, go to TipRanks’ Stock Analysis page.