HK Stock Market Move | Kuaishou-W (01024) rose more than 5%, AI can empower the company's main business to accelerate commercialization and monetization, and the performance of GMV in the third quarter of e-commerce is impressive.

KUAISHOU-W (01024) rose more than 5%, as of the time of writing, it rose 4.3% to HK$66.8, with a turnover of 15.58 billion Hong Kong dollars. In terms of news, recently, KUAISHOU-W announced its 2025 third quarter performance. Open Source Securities pointed out that the company's Q3 revenue increased by 14% year-on-year to 35.6 billion yuan, and its profitability continued to improve. The growth was mainly driven by online marketing and e-commerce, with AI technology providing strong support to the core business, such as optimizing advertising placements and product matches. The commercialization of AI products has begun to show initial results, with revenue exceeding 3 billion yuan. The platform's user base and stickiness are steadily increasing, and e-commerce GMV increased by 15% year-on-year to 385 billion yuan. The outlook for its AI application prospects and e-commerce growth potential remains positive. CMB International stated that looking ahead to the fourth quarter, it predicts that KUAISHOU-W's revenue will increase by 10% year-on-year, driven by steady growth in online marketing and e-commerce business, and it has slightly raised its profit forecast for 2025 to 2027 by up to 2%. Kuaishou's revenue in the last quarter increased by 14%, in line with the bank's and market expectations, with adjusted net profit increasing by 26%, exceeding the bank's and market expectations by approximately 3% and 2%, respectively, mainly due to improved operational efficiency. The bank pointed out that the value of AI empowering various business operations of Kuaishou is becoming apparent, with its AI revenue exceeding 3 billion RMB in the third quarter, once again surpassing expectations. AI is further driving an additional 4-5% growth in domestic advertising revenue, and the bank has a positive view on AI development.