Weekly Recap | KUAISHOU-W +0.14%, Kling 4.0 launch sparks rebound
Weekly Review·
- Kuaishou-W rose 0.14 % to close at 29.30 HKD this week, outperforming the Hang Seng Index by 0.49 percentage points amid a volatile trading session.
- The launch of the Kling 4.0 video generation model on October 16 drove a sharp stock rebound of over 5 % and boosted the Hang Seng Tech Index.
- Currently, 18 institutions give buy or overweight ratings with a consensus target price of 47.83 HKD, while market attention remains focused on the commercialization progress of AI applications.
