Oriental Securities: Maintains a "buy" rating on Kuaishou-W (01024) with a target price of 103.06 Hong Kong dollars.

According to the Intellectual Economics APP, Oriental Securities issued a research report predicting that the adjusted net profit attributable to shareholders of Kuaishou-W (01024) in 2025-2027 will be 20.4/22.5/25.9 billion yuan. The company maintains a 18xPE valuation for the company in 2026, with a corresponding fair value of 404.8 billion CNY, equivalent to 445.4 billion HKD (Hong Kong dollar to RMB exchange rate 0.909). The target price is 103.06 Hong Kong dollars per share, maintaining a "buy" rating. Burson released the O1 model, integrating video generation, editing, and expansion into a unified model, helping professional creators improve efficiency. The breakthrough iteration is that it can modify a single element within a video frame, ushering in a "video version of Nano Banana" moment. It is optimistic about the accelerated penetration of demand on the consumer side, bringing increased revenue.