1. Miri Capital Acquires 7.16% Stake in KINX
Miri Capital Management LLC purchased 8,440 shares of KINX from September 17th to 23rd, 2025, increasing its stake from 6.14% to 7.16%. This stake increase was stated to be for ‘general investment’ purposes, but various interpretations of the background are emerging in the market.
2. Is KINX’s Fundamentals Solid?
According to KINX’s 2025 semi-annual report, the high growth of the IDC and cloud business segments stands out. In particular, the cloud business recorded explosive growth of 136.6% year-on-year. The subsidiary SPLA is also generating stable profits. However, declining sales in the CDN business segment remain a challenge to be addressed in the future.
3. How Will the Stake Increase Affect the Stock Price?
Miri Capital’s stake increase can be interpreted as a positive signal for KINX’s growth potential. This can improve investor sentiment and provide upward momentum for the stock price. However, macroeconomic uncertainties and the sluggish CDN business segment can act as potential risk factors.
4. Investor Action Plan
- Positive Factors: Growth of IDC and cloud businesses, increased interest from institutional investors.
- Negative Factors: Sluggish CDN business segment, macroeconomic uncertainties.
Before making an investment decision, you should comprehensively consider KINX’s business prospects and risk factors. It is also necessary to pay attention to Miri Capital’s future stake changes and KINX’s business diversification strategy.