UBS raises Kuaishou (01024) target price to HKD 95.37

Against the backdrop of annual spending of around $120 billion in the global video content production market, generative AI is sparking an industry revolution. It is reported by the Economic Information that UBS's latest report points out that Kuaishou's (01024.HK) video generation model has huge potential in AI, and the global market size it aims for is estimated to reach $110-230 billion, potentially becoming Kuaishou's second growth curve.