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| HSI1 | 26,009.46 | 0.00 | -- |
| HSCEI1 | 8,634.34 | 0.00 | -- |
| Back Zoom + Zoom - Block Traded | |
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2026-08-21 11:56:17 CMBI released a research report on KUAISHOU-W (01024.HK), of which 2Q revenue added 1% YoY, in line with market expectations, with Kling AI revenue soaring by more than 200%; adjusted net profit dropped 30% YoY. Looking ahead to 2H26, the company's management indicated that revenue and profit were forecast to come under pressure due to AI investment and macro headwinds. The broker lowered its earnings forecasts for KUAISHOU-W for 2026-28 to RMB8.9 billion, RMB11.5 billion and RMB13.9 billion, respectively. It also cut the TP from HKD70.5 to HKD63.8 and maintained the Buy rating. The broker also upheld a positive view on Kling's long-term leadership position and monetization potential, although it believed the contribution to earnings will take time to improve. ~ AASTOCKS Financial News Website: www.aastocks.com | |