KUAISHOU-W (01024.HK) -2.400 (-3.117%) Short selling $587.92M; Ratio 14.457% may announce its 2Q25 results by the end of August, with revenue and profit expected to be largely in line with expectations, Citi Research issued a research report saying. The broker anticipated that GMV could grow by 14% YoY, and advertising growth may accelerate in 2Q25. Kling's profitability should also be decent in 2Q25.Citi Research slightly adjusted its 2025/2026/2027 earnings forecasts for KUAISHOU-W to reflect the progress of Kling. Due to the re-rating of the Chinese internet sector, the broker elevated its target price from $66 to $88.Related NewsHaitong Int'l Sharply Lifts KUAISHOU-W's TP by 47% to HKD91, Expecting Adj. NP RMB5B for 2QAlthough investors may now have higher expectations for KUAISHOU-W, especially for Kling, the current valuation, equivalent to a projected 2025/ 2026 PE ratio of 14x/ 12x, is not high, Citi Research noted. Furthermore, the short video generation model had decent potential, with rating kept at Buy.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-08-01 16:25.)