KUAISHOU-W (01024.HK) +4.600 (+8.440%) Short selling $1.74B; Ratio 19.248% 's Kling AI achieved an annualized revenue run rate (ARR) of more than US$100 million (or more than US$8 million per month) in March, and its monthly subscription bookings (both user subscriptions and API usage) exceeded RMB100 million (US$14 million per month) in April and May, Goldman Sachs issued a research report saying. In the broker's view, the run rates exceeded KUAISHOU-W's earlier 2025 ARR guidance of US$100 million as well as the market consensus.Related NewsJPM Reiterates KUAISHOU-W as Industry Top Pick w/ TP HKD71, Rating OverweightGoldman Sachs also saw stronger-than-expected revenue and bookings for Kling AI in 2Q25. Therefore, the broker rated KUAISHOU-W at Buy, with a target price of $63, based on PE ratio valuation (target PE ratio of 12x average 2025-2026 EPS).(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-06 16:25.)