HK Stock Market Move | KUAISHOU-W (01024) rises by over 6% again, with a significant increase in global monthly active users for Kuaishou AI. JP Morgan points to the fourth quarter financial report as the next catalyst.

KUAISHOU-W (01024) rose by over 6%, reaching a 6.17% increase to HK$64.55 at the time of writing, with a transaction volume of HK$3.85 billion. In terms of news, in January of this year, the total global monthly active users of Kuaishou's Ke Ling AI increased by 113% compared to the previous month. It is worth mentioning that the recent press conference held by the State Council Information Office specifically mentioned Ke Ling AI, further boosting market confidence in Kuaishou's layout in the field of AI. Chen Changsheng, a member of the drafting team of the Government Work Report and Deputy Director of the State Council Research Office, mentioned the video giant model Ke Ling under Kuaishou, stating that its international evaluation has surpassed Sora. Morgan Stanley pointed out that Kuaishou has a unique content ecosystem and a large base of loyal users, and these advantages have not yet been fully realized. Morgan Stanley expects the next catalyst for Kuaishou to be the fourth quarter earnings report of fiscal year 2024, and expects management to provide updates on the impact of artificial intelligence on Kuaishou's core applications and Ke Ling big models. GF SEC stated that as the Ke Ling AI ecosystem continues to improve, its leading position in the AI video generation field will be further consolidated, potentially bringing new growth points for Kuaishou and driving the company to continue leading in the AI sector.