Ratings agency S&P has issued a report warning that KUAISHOU-W (01024.HK) 0.000 (0.000%) Short selling $821.22M; Ratio 28.757% may see its free cash flow more than halve this year due to intense competition in China's internet sector and surging demand for AI-related investments.With ramped-up spending on AI technology, S&P expects KUAISHOU-W to experience slow revenue growth and face pressure on the EBITDA margin.S&P also forecasts KUAISHOU-W's capital expenditure to increase by about 70% this year for strengthening AI model training, routine server procurement, and building proprietary data centers. The group's free operating cash flow will likely fall to below RMB5 billion per year in 2026 and 2027, lower than the agency's previous estimate of about RMB10 billion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-09 16:25.)
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