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<Research>Jefferies: KUAISHOU-W (01024.HK) Kling AI Accelerates Monetization w/ Multiple Competitive Advantages; Rating Buy/ TP $81
From KUAISHOU-W (01024.HK)'s Beijing institutional investor meeting, it was learned that KUAISHOU-W's Kling AI stands out with data insights, computing power and AI capabil...
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<Research>Jefferies: KUAISHOU-W (01024.HK) Kling AI Accelerates Monetization w/ Multiple Competitive Advantages; Rating Buy/ TP $81
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From KUAISHOU-W (01024.HK)  +1.050 (+1.700%)    Short selling $607.44M; Ratio 17.947%   's Beijing institutional investor meeting, it was learned that KUAISHOU-W's Kling AI stands out with data insights, computing power and AI capabilities, Jefferies released a research report saying.

Kling has differentiated pricing strategies and a large total addressable market (TAM). Driven by multiple factors, online marketing revenue in 2H25 is expected to increase YoY, while KUAISHOU-W will expand market share in e-commerce.

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The 618 promotion is more rational compared to last year, while profit margins improved across various business levels. Therefore, the broker rated KUAISHOU-W at Buy, with a target price of $81.

Kling AI accelerated monetization and possessed multiple competitive advantages, with strong user stickiness and a good product experience, the report added. In terms of revenue mix, 70% of the revenue comes from subscriptions by professional consumers, and 30% comes from commercial clients' API needs.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-27 16:25.)

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