HK Stock Market Move | KUAISHOU-W (01024) rose by over 3% again, AI company Ke Ling made an appearance on the news broadcast, Goldman Sachs is optimistic about its growth potential.

KUAISHOU-W(01024) rose by more than 3% again, up 2.55% as of the time of publication, trading at 64.4 Hong Kong dollars, with a turnover of 6.9 billion Hong Kong dollars. On the news front, on June 28, Kuaishou's AI technology appeared on the CCTV "News Broadcast" as a corporate representative. Reports pointed out that Kuaishou's large model has undergone up to 20 iterations and upgrades within a year, transforming from its initial "tentative steps" to now being able to simulate the real world smoothly and with precision. Zhang Di, the head of Kuaishou's AI technology, revealed in an interview that Kuaishou invests over 10 billion yuan in R&D annually, continuously injecting strong momentum for technological breakthroughs. In addition, on June 27, Kuaishou's AI announced the launch of the "Video Sound Effects" feature for its full range of video models. Goldman Sachs released a research report stating that Kuaishou's AI film and image generation tools are performing strongly, with steady subscription growth in April and May, and optimistic about its growth potential. Goldman Sachs predicts that the revenue contributed by Kuaishou's AI will grow from $142 million in 2025 to over $400 million in 2027, with a compound annual growth rate of 68%, mainly driven by increased user penetration rates and enterprise adoption. By referencing the 15 to 30 times market-to-sales ratio of global AI startups, Kuaishou's AI alone could be valued at $3.7 billion. The bank pointed out that Kuaishou's stock price has significantly outperformed the Hang Seng Index and Hang Seng Tech Index during the same period, reflecting investors' optimistic expectations for Kuaishou's AI business development and the recovery of its core advertising business.