Chinese cloud service provider Kingsoft Cloud filed to seek a dual primary listing in Hong Kong on Thursday. The cloud gaming company is the latest to make such a move after e-commerce giant Alibaba did the same on Tuesday. Founded in 2012, the firm went public on Nasdaq in 2020, according to the company website. The firm’s revenues reached RMB 2,173.8 million ($342.9 million), with a 19.9% year-on-year growth in the first quarter of 2022, while net losses increased 45% to RMB 554.8 million compared to the same period last year. The firm attributed the expanding losses to “the change of foreign exchange and the valuation adjustment of certain investees,” according to Kingsoft Cloud’s financial report. [Kingsoft Cloud]