KUAISHOU-W (01024.HK) +1.700 (+3.291%) Short selling $421.56M; Ratio 23.935% 's 1Q25 results largely met expectations, with daily active users (DAU) reaching a record high of 408 million, according to a report from Daiwa. The average daily usage time per DAU was also close to historical highs at 133.8 minutes.During the period, revenue from Kling AI reached RMB150 million. Seeing further improvements in the monetization capability of Kling AI, Daiwa raised its full-year revenue forecast for Kling AI to RMB700 million. It also estimated that AI investment spending would only have a limited impact on full-year earnings.Related NewsM Stanley: KUAISHOU-W (01024.HK) 1Q Results Slightly Beat; Kling Rev. Guidance RaisedDaiwa reiterated a Buy rating for KUAISHOU-W and maintained its target price at HKD70.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-29 12:25.)