Bank of America Securities maintains a "buy" rating on Kuaishou Technology (01024.HK) with a target price of HK$63.

Zhixin Finance APP learned that Bank of America Securities released a research report stating that it maintains a "buy" rating on Kuaishou-W (01024.HK) with a target price of HK$63, and believes that the valuation is attractive. The net cash is close to half of the stock price, which is why the cash price-earnings ratio after the 2026 fiscal year is approximately 5 times. In the bank's SOTP valuation, the valuation of Keliing AI is HK$31, equivalent to US$18 billion, based on a forecasted 35 times sales ratio for the fiscal year 2026.