UBKUASO@EC2701A

Kuaishou Issues 119,900 Additional Shares Due to Option Exercise

Kuaishou Releases Q1 LBS Data, Plans to Empower Merchants with AI for Cost Reduction and Efficiency

Tencent Video Ends Copyright Cooperation with Douyin, Turns to Invest in Kuaishou and Kling AI

About 70% of Kuaishou Kling's Revenue Comes from Overseas Markets

Kuaishou to Hold Life Service Conference on May 15, 2026, Focusing on AI Empowerment

Broker Rating | JPMorgan: Kuaishou's target price could reach HK$73 if Kling AI is valued at US$52 billion

CLSA: Maintains 'Outperform' rating on Kuaishou, optimistic Keling AI will become a top-three global model

Stockstar analyzes why Kuaishou plans to spin off Kling AI

CSI Artificial Intelligence Index Hits New High, Weights Stocks Mixed, Kuaishou Plans AI Business Spin-Off

JPMorgan: Kuaishou Plans to Spin Off Kling AI Business with Target Valuation of $20 Billion

UBS and DBS Maintain Buy Ratings for Kuaishou Technology B Shares

Kuaishou Adjusts Strategy and Seeks External Funding

Kuaishou Finance Shifts from Referral to Autonomous Lending

Short Video Platforms Launch Content Labeling Initiative

Kuaishou Announces 2025 Annual Report, Revealing Revenue and Equity Structure

Market rumors suggest Kuaishou's AI video model Kling may be spun off, with annualized revenue potentially reaching $500 million

East China Securities Releases Report Forecasting Kuaishou's Profit and Analyzing Keling Model

China's MIIT launches pilot program for AI technology ethics review and services

Kuaishou's AI desktop agent product, KroWork, is released, boosting stock prices

CTR Market Research releases "2026 Kuaishou Sports Marketing Trends Insight Report"

RADIANCE HLDGS

ANCHORSTONE

RIVERINE CHINA

REACH NEW HLDGS

FINELAND LIVING

NUR HOLDINGS

GOLDEN LEAF INT

UBOT HOLDING

MAN YUE TECH

HKUD

01024

UBS analyst maintained a Buy rating on Kuaishou Technology Class B yesterday and set a price target of HK$68.00.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks In a report released yesterday, DBS also maintained a Buy rating on the stock with a HK$67.00 price target.

- UBS analyst confirmed a Buy rating on Kuaishou Technology Class B with a price target of HK$68.00.  
- Similarly, DBS maintained a Buy rating with a price target of HK$67.00 in a report released on the same day.  
- Both analyses reflect confidence in the stock's performance and potential in the market.

Tip Ranks

Kuaishou HK SDR 5to1

KUAISHOU-W

UBS Group AG

DBS Group

KUAISHOU-WR

Kuaishou Technology Class B (1024) Receives a Buy from UBS

00700

80700

TCEHY

TCTZF

HTCD

09988

89988

HBBD

BABA

01698

AMZN

81024

09618

89618

HJDD

0512 | Dolphin Research Focus — Macro/Industry. The BLS will release Apr CPI at 20:30 Beijing time on Tue, with the street expecting 3.7%–3.8% YoY and 0.6% MoM, as core inflation is supported by rents and oil.The print is a key input for the Fed's Jun FOMC. A beat would curb rate-cut odds and lift UST yields, pressuring global risk assets near term. A miss would likely revive easing trades, benefiting growth and HK tech...

Kuaishou to spin off 'Kling' for a standalone listing; Tencent holds the line on social | Daily News Recap

06869

On the afternoon of May 12, the Hong Kong stock market continued its narrow fluctuation pattern, with the Hang Seng Tech Index's decline expanding. Structural opportunities in the market became prominent: Hengrui Pharma and Bristol Myers Squibb (BMS) reached a global strategic cooperation worth over $10 billion, driving the innovative drug sector to surge against the market trend; Kuaishou clarified that the spin-off of Kuaishou AI is still in the preliminary evaluation stage, with its stock price continuing to strengthen and ranking among the top in trading volume. Meanwhile, the semiconductor sector was dragged down by overseas market sentiment, while resource stocks performed actively against the backdrop of rising international oil prices

Market Pulse

YOFC

HUA HONG SEMI

SMIC

POP MART

WEICHAI POWER

Weichai Power

HENGRUI PHARMA

Hengrui Pharma

Bristol Myers Squibb

160 HEALTH

MONTAGE TECH

Montage Technology

HANS CNC

XL2CSOPHYNIX

XL2CSOPSMSN

Corning

NVIDIA

ZIJIN MINING

Zijin Mining

PETROCHINA

CNOOC

TRACKER FUND

TENCENT

BABA-W

CSOP HS TECH

HSCEI ETF

Hua Hong

SMIC HK SDR 5to1

POP MART HK SDR 20to1

Bristol-Myers Squibb Company

Han's CNC

NVIDIA Corporation

PetroCN HK SDR 1to2

CNOOC-R

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

Hong Kong stocks intraday | The three major indices fluctuated narrowly, the innovative drug sector strengthened significantly, and Kuaishou clarified the rumors of a spin-off and performed actively

In a report released yesterday, from Orient Securities maintained a Buy rating on Kuaishou Technology Class B, with a price target of HK$74.06.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kuaishou Technology Class B with a HK$70.09 average price target.

- Orient Securities has maintained a Buy rating on Kuaishou Technology Class B, with a price target of HK$74.06.  
- The overall analyst consensus rating for Kuaishou Technology Class B is Strong Buy, with an average price target of HK$70.09.  
- These insights indicate a positive outlook for the stock among market analysts.

DFZQ

Orient Securities Keeps Their Buy Rating on Kuaishou Technology Class B (1024)

Kuaishou Technology is considering restructuring and seeking external financing for its Kling AI assets. The board is evaluating a proposal that could involve outside capital to enhance financial resources. However, discussions are in early stages, with no definitive agreements yet, creating uncertainty for stakeholders. If successful, this move could clarify the value of Kuaishou's AI portfolio and improve funding for its Kling AI unit. The latest analyst rating for Kuaishou stock (HK:1024) is a Buy with a price target of HK$82.00.

- Kuaishou Technology has acknowledged reports regarding plans for external financing and a separate listing for its Kling AI assets while evaluating a restructuring proposal for these operations.  
- Discussions are at an early stage, with no definitive agreements, leading to caution for shareholders as potential benefits of restructuring must be weighed against execution risks and market conditions.  
- Currently, the stock has a Buy rating with a price target of HK$82.00, amid ongoing investments in AI to enhance product innovation and competitiveness.

Kuaishou Weighs Restructuring and External Financing for Kling AI Assets

On May 12th, the Hong Kong stock market closed at noon, showing a significant structural differentiation pattern. The Hang Seng Index and the Hang Seng China Enterprises Index both rose slightly, while the Hang Seng Tech Index fell slightly due to the drag from heavyweight stocks. Kuaishou surged nearly 4% in half a day, leading the trading volume, stimulated by the news of its subsidiary "Keling AI" planning to spin off and list independently; the optical communication and resource sectors performed actively, with PetroChina leading the blue chips. Meanwhile, influenced by short-selling bubble warnings and sentiment factors, the previously strong semiconductor sector experienced collective profit-taking, with SMIC and Hua Hong Semiconductor leading the declines

- The Hong Kong stock market's major indices showed mixed results, with the Hang Seng Index rising by 0.30% to 26,486.63 points while the Hang Seng Tech Index fell by 0.39% to 5,086.61 points.  
- Kuaishou's stock surged 3.78% after news of its AI division's planned spin-off, and the optical communications sector benefited from a partnership between Nvidia and Corning.  
- Concerns about an impending correction in AI stocks and inflation data due from the U.S. could impact market liquidity and investor sentiment.

Hang Seng Index

Hang Seng China Enterprises Index

Hang Seng TECH Index

JIANGXI COPPER

JCCL

GIGADEVICE

Goldman Sachs

BANK OF CHINA

Bank Of China

ICBC

CHINA RES LAND

GS Hldg R

BOC HONG KONG

Bank of China

Hong Kong Stock Market Mid-Review | The three major indices show structural differentiation, Kuaishou surges due to the positive impact of AI spin-off, and the semiconductor sector collectively retreats

KUAISHOU-W rose 10.17%; Tencent Holdings rose 0.17%, with a transaction amount reaching HKD 906 million; Baidu-SW rose 0.64%, with a transaction amount reaching HKD 46.76 million; Meitu Inc. rose 1.50%, with a transaction amount reaching HKD 42.46 million; Bilibili-W rose 0.64%, with a market value reaching HKD 72.2 billion

- Kuaishou-W's stock rose by 10.17% following the announcement of plans to spin off its AI video business and pursue an IPO with an estimated valuation of $20 billion.  
- Tencent Holdings also saw a stock increase of 0.17%, driven by significant trading volumes and positive growth expectations in its advertising business, as well as investments in AI companies.  
- Baidu-SW's stock climbed 0.64% as market interest grew in its Kunlun chip's IPO plans, alongside forecasts indicating a 45% annual revenue increase in AI cloud infrastructure, asserting Baidu's competitive position.

HK Stock Alerts

BIDU-SW

MEITU

BILIBILI-W

Hong Kong stock movement: KUAISHOU-W rises 10.17%, the spin-off of its AI business sparks market enthusiasm, target price raised to HKD 84!

GOOGL

GOOG

09888

89888

HBUD

BIDU

0511 | Dolphin Research Watch: 🐬 Macro/Industry update. U.S. President Trump will pay a state visit to China on May 13–15, the first by a U.S. president in nine years.This leader-level diplomacy sets the strategic tone and should help manage differences and stabilize U.S.-China relations. It adds certainty globally; watch trade and tech engagement for near-term catalysts and long-term impacts on asset prices.2) Iran-U.S. talks have deteriorated, with Iran demanding that oil sanctions be lifted within 30 days and asserting control over the Strait of Hormuz. Trump called this 'completely unacceptable'...

GOOGL issues JPY bonds to fuel the AI race; BABA integrates Qwen with Taobao to double down on smart shopping | Daily News Recap

03296

01208

00100

01347

01072

09903

09696

HUAQIN(03296) rose 10.09%, with a trading turnover 323.3 Million HKD, and a year-to-date rose 54.4%. KUAISHOU-W(01024) rose 9.4%, with a trading turnover 9.0 Billion HKD, and a year-to-date fell 17.2%. MINIMAX-W(00100) fell 9.51%, with a trading turnover 881.2 Million HKD, and a year-to-date rose 350%. HUA HONG SEMI(01347) fell 7.5%, with a trading turnover 7.2 Billion HKD, and a year-to-date rose 76%.

- The Hang Seng Index fell by 0.87%, with a year-to-date increase of 3%.  
- The Hang Seng Tech Index declined by 0.36%, showing a year-to-date drop of 7.5%.  
- Notable stock movements include Huqina Technology rising by 10.09% and Kuaishou-W increasing by 9.4%, while MINIMAX-W dropped by 9.51% and Huahong Semiconductor decreased by 7.5%.

Top Gainers&Losers

HUAQIN

MINIMAX-W

DONGFANG ELEC

ILUVATAR COREX

TIANQI LITHIUM

Top 5 HK Stock Gainers/Losers (>100B) (5.8)

KUAISHOU-W rose 10.33%; Tencent Holdings fell 1.13%, with a transaction volume of HKD 9.673 billion; Baidu-SW rose 5.68%, with a transaction volume of HKD 3.064 billion; Meitu Inc. rose 11.23%, with a transaction volume of HKD 1.523 billion; Bilibili-W rose 0.62%, with a market value of HKD 74 billion

- Kuaishou-W shares rose by 10.33% on May 8 due to the launch of its new AI feature, improving video quality and expected revenue generation.  
- The overall Hong Kong stock market saw a 2.86% increase in the China Internet 50 Index, with Kuaishou benefiting from enhanced technology sector investment opportunities.  
- Meanwhile, Tencent Holdings fell 1.13% amid significant trading activity and mixed market sentiment regarding its AI investments, while Baidu-SW and Meitu gained due to positive developments.

Hong Kong Stock Movement: KUAISHOU-W rises 10.33%, AI new features boost profitability, Hong Kong stock technology sector sentiment warms up

UBKUASO@EC2701A(29143.HK)