News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
<Research>Daiwa Raises Rev. Forecast for KUAISHOU-W's Kling AI; TP Kept at HKD70 w/ Rating Buy
KUAISHOU-W (01024.HK)'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 averag...
Reset
Send
The window will close in 5 seconds
<Research>Daiwa Raises Rev. Forecast for KUAISHOU-W's Kling AI; TP Kept at HKD70 w/ Rating Buy
Close
Recommend
18
Positive
27
Negative
8
 
 

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 Raised
Daiwa 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.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.