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Citi: KUAISHOU-W (01024.HK) Benefits from CN Govt Work Report's Commitment to Support AI; Rating Buy, TP $67
2025-03-07 10:48:55
The share price of KUAISHOU-W (01024.HK) spiked over 13% on Thursday (6th), potentially benefiting from the commitment to support AI in 2025 China Government Work Report, as well as the "Kling model" mentioned by central government officials in a press conference, Citi Research issued a research report saying.

Citi Research noted that the Kling model is among the top video generation models in the world, with good growth momentum in terms of global and domestic professional/ enterprise user scale.

Therefore, the broker kept rating at Buy for KUAISHOU-W, with a target price of $67.
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