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| HSI1 | 25,311.21 | -18.52 | 216.69B |
| HSCEI1 | 8,450.10 | -12.54 | 66.58B |
| Back Zoom + Zoom - Block Traded | |
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2026-09-02 11:56:53 BofA Securities published a report reiterating its Buy rating on KUAISHOU-W (01024.HK), citing attractive risk-reward prospects as the stock valuation is approaching a trough level and upside catalysts remain in place. The broker set a TP of HKD53. KUAISHOU-W announced the completion of financing for Kling, with Kling's post-investment valuation reaching USD18 billion following a USD3 billion fundraising round. KUAISHOU-W holds a 68% stake, implying attributable value of USD12 billion to KUAISHOU-W. As of June 2026, KUAISHOU-W's total net cash amounted to USD13 billion. Therefore, before accounting for the valuation of its core business, KUAISHOU-W has already derived a USD25 billion valuation from Kling plus net cash, while the company's market cap is trading at an approximately 25% discount to this value. ~ AASTOCKS Financial News Website: www.aastocks.com | |