Haitong International has issued a report forecasting that KUAISHOU-W (01024.HK) -2.400 (-3.117%) Short selling $587.92M; Ratio 14.457% will achieve total revenue of RMB34.6 billion in 2Q25, up 12% YoY.Specifically, the company's live streaming revenue/ online advertising revenue/ e-commerce GMV are expected to grow by 5%/ 13%/ 15% YoY, corresponding to a revenue of RMB3.4 billion. In terms of profitability, its adjusted net profit for 2Q25 is anticipated to reach RMB5 billion, with a net profit margin of 15%.Related NewsCICC: KUAISHOU-W (01024.HK) Has a Fast Kling AI Iteration Speed, Completing Multiple Version Upgrades Within Yr; Rating OutperformIn the context of KUAISHOU-W's stable traditional business and the rapid rise of its Kling AI, Haitong International has applied an 18x P/E ratio (previously 12x) to the company's 2025 non-GAAP net profit of RMB20 billion, sharply raising its target price by 47% from HKD62 to HKD91. Considering the leading position of the Kling AI and the healthy growth of KUAISHOU-W's main business, the broker kept the Outperform rating unchanged.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)