HK Stock Market Move | KUAISHOU-W (01024) surged nearly 5% in midday trading. Goldman Sachs predicts that the upgrade of KUAISHOU's AI technology will drive the expansion of overseas markets, increase user recognition, and boost revenue.

KUAISHOU-W (01024) rose nearly 5% during trading hours, as of the time of writing, it rose by 3.96% to 74.75 Hong Kong dollars, with a turnover of 1.285 billion Hong Kong dollars. On the news front, Goldman Sachs pointed out that Kuaishou's sub-brand Keling AI upgraded its model and launched new features in December last year, which is expected to drive user recognition and increase revenue in overseas markets, potentially raising revenue expectations for Kuaishou in the fiscal year 2026 and boosting stock prices. Goldman Sachs analysts forecast Keling AI's revenue to exceed $140 million in 2025 and around $230-240 million in 2026. With Kuaishou expanding its overseas business expansion team and bringing in more corporate clients, demand from corporate clients will continue to be a key growth driver in the next 1-2 years. JP Morgan released a research report stating that in January this year, Keling AI's daily mobile platform revenue increased by 102% compared to the previous month. Although the bank does not expect Keling AI's actual revenue growth in the first quarter of this year to be as significant, as most of its revenue still comes from the PC platform, namely enterprise and professional users, they believe that the strong performance so far has proven that AI video generation is still a key vertical area in the development of generative AI, reflecting the monetization potential of industry leaders such as Keling AI, which has significant potential for growth in both enterprise and consumer sectors.