In December 2025, KUAISHOU-W (01024.HK) +3.500 (+4.461%) Short selling $956.81M; Ratio 16.377% 's Kling AI revenue exceeded USD20 million, corresponding to an annualized revenue (ARR) of USD240 million, another milestone it has reached since its launch 19 months ago, Jefferies wrote in its research report.During the same period, KUAISHOU-W introduced a series of new models and updates, with the dynamic control features being well-received in overseas markets. While its video generation model is still in early stages, it shows potential for revenue upside with continuous technological breakthroughs and innovations.Related NewsSoochow Securities Lists Top 10 Net Buys, Net Sells of HK Stocks by Southbound Fund Last Week (Table)Jefferies has kept a Buy rating on KUAISHOU-W, with a target price of HKD106.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-01-14 16:25.)