UB#KUASORP2812M

JPMorgan Raises Kuaishou Target Price by 48% to HK$71, Upgrades Rating to 'Overweight' Citing Kling Value Release

Kuaishou-W Repurchased 2.042 Million Shares Yesterday for Approx HKD 90 Million

Kuaishou Spent Nearly 50 Million HKD to Buy Back 1.065 Million Shares Last Friday

Kuaishou's Kling AI Global Users Surpass 100 Million, Q1 Revenue Exceeds 650 Million Yuan with 300% YoY Growth

Kuaishou Repurchases 642k Shares Yesterday, Cumulative Buyback Reaches 0.97% of Capital

Kuaishou-W Repurchased 1.068 Million Shares for Nearly 50 Million HKD on June 3

Kuaishou's Kling AI Raises First Funding at $18B Valuation, Aiming for HK IPO in 2027

Kuaishou Q1 2026 Live Streaming Revenue Hits 16-Quarter Low as Ecosystem Crackdown Reduces Tipping Income

Kuaishou Releases 2025 CSR Report, Showing 48.6 Million Jobs Supported and 189 New Occupations Created

Kuaishou Releases AI Modification Governance Announcement: Disposed of 2127 Violations in May, Responding to SARFT Supervision

Kuaishou-W spent approx 19.96M HKD to repurchase 428k shares on June 1

Kuaishou Q1 Earnings: Kling AI Revenue Surge Sparks Independent Financing Rumors, Valuation Nears 70% of Parent

China Merchants Securities: Kuaishou Q1 2026 Results Beat Expectations, Maintains 'Overweight' Rating with Target Price of 64 HKD

ByteDance, Kuaishou, Alibaba and others accelerate AI video deployment, pushing technology from benchmarking to industrial production

Bank of China and DBS maintain 'Buy' rating on Kuaishou Tech Class B, set target prices at HKD 60 and 78 respectively

Nomura Cuts Kuaishou-W Target Price to 51 HKD, Maintains Neutral Rating

Kuaishou Technology Reports Q1 2026 Earnings: Revenue Slight Growth, Profit Slowing Sparks Market Debate

Kuaishou Releases Q1 2026 Earnings: Kling Drives Growth, Live Streaming Declines, Monthly Active Users Hit Record High

Kuaishou-W spends nearly 100 million HKD to repurchase 2.222 million shares

Morgan Stanley Raises Keling AI ARR Forecast to $1 Billion, Maintains Overweight Rating on Kuaishou

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CMSI maintains a positive outlook on China's AI internet sector, citing attractive valuations despite recent underperformance. The broker highlights accelerating B-end AI commercialization and identifies key catalysts like WeChat Agent and domestic chip progress. Top stock picks include Alibaba, Knowledge Atlas, Kuaishou, and JOYY, while also recommending undervalued Tencent and Minimax for potential recovery.

- CMSI's research report highlights attractive valuations in China's AI internet sector amidst accelerated commercialization.  
- While the HSTECH index underperformed in 2Q26, 1Q26 results showed strong earnings resilience, with AI as the core investment theme.  
- The report maintains its recommendation rating, endorsing stocks like BABA-W and KUAISHOU-W, while suggesting attention to undervalued firms like TENCENT.

AASTOCKS News

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CMSI: China AI Internet Sector Valuation Still Attractive, Top Picks BABA-W , KNOWLEDGE ATLAS , KUAISHOU-W  and JOYY Inc.

KUAISHOU-W+0.520 (+1.139%) Short selling $453.04M; Ratio 19.902% announced that it repurchased 1.093 million shares of the company yesterday (11th) at prices ranging from HKD45.44 to HKD45.94 per share, involving HKD49.968 million.Since the repurchase mandate was approved, the Group has cumulatively repurchased shares worth HKD46.5513 million, representing 1.0867% of its issued shares.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-11 16:25.)

- KUAISHOU-W (01024.HK) repurchased 1.093 million shares on June 11, 2026, at prices between HKD 45.44 and HKD 45.94, totaling HKD 49.968 million.  
- Since the repurchase mandate was approved, the company has bought back shares worth HKD 46.5513 million, which is 1.0867% of its issued shares.  
- The short selling amount was $453.04 million, with a ratio of 19.902%.

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KUAISHOU-W Spends HKD49.97M to Repurchase 1.093M Shares

JPM upgraded Kuaishou-W to Overweight, raising the target price to HKD71. The upgrade is driven by the unlocking value of Kling AI, valued at USD3.5 billion, with revenue forecasts increased significantly for 2026 and 2027. JPM highlights strong global demand, rational competition, and exponential ARR growth for Kling AI. Despite trimming adjusted EPS forecasts slightly due to core business headwinds, the bank notes significant downside protection from net cash and expects share price catalysts from new product launches and financing updates.

- JPM upgraded KUAISHOU-W from Neutral to Overweight, raising its target price from HKD48 to HKD71, anticipating significant growth in Kling AI.  
- The bank projects Kling AI's revenue to soar 250% and 104% in 2026 and 2027, with a total addressable market of USD108 billion and strong overseas demand.  
- Despite a slight decline in KUAISHOU-W's core revenue expected in 2Q, recovery in later periods is anticipated, while adjusted EPS forecasts for 2026 and 2027 were slightly lowered.

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JPM Upgrades KUAISHOU-W  to Overweight, Raises TP to HKD71

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PRADA(01913) rose 4.37%, with a trading turnover 188.3 Million HKD, and a year-to-date fell 8.9%. GEELY AUTO(00175) rose 4.04%, with a trading turnover 1.7 Billion HKD, and a year-to-date rose 7.9%. YOFC(06869) fell 9.4%, with a trading turnover 4.8 Billion HKD, and a year-to-date rose 347.6%. LENOVO GROUP(00992) fell 9.38%, with a trading turnover 5.9 Billion HKD, and a year-to-date rose 148.4%.

- The Hang Seng Index fell by 0.64%, with a year-to-date decline of 4.8%, while the Hang Seng Tech Index dropped by 0.94%, down 14.3% for the year.  
- Prada increased by 4.37% with a transaction volume of 190 million HKD, marking a total yearly decline of 8.9%, while Geely Automobile rose by 4.04% with 1.69 billion HKD in transactions, showing a 7.9% increase year-to-date.  
- In contrast, China Optical Fiber and Cable saw a significant drop of 9.4% despite a year-to-date surge of 347.6%, and Lenovo Group fell by 9.38%, though it has risen 148.4% this year.

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Top 5 HK Stock Gainers/Losers (>100B) (6.10)

KUAISHOU-W-0.200 (-0.453%) Short selling $435.97M; Ratio 14.156% announced that yesterday (8th) it repurchased 2.042 million shares at a price range of HKD43.68 to HKD44.34 per share, involving approximately HKD89.9519 million.Since the repurchase mandate resolution was approved, the Group has cumulatively repurchased 44.4983 million shares, representing 1.0387% of its issued shares. (sl/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-08 16:25.)

- KUAISHOU-W (01024.HK) has repurchased 2.042 million shares at a price between HKD 43.68 and HKD 44.34, totaling approximately HKD 89.95 million.  
- Since the approval of the repurchase mandate, the company has bought back a cumulative 44.50 million shares, which is 1.04% of its issued shares.  
- The stock is currently experiencing short selling of $435.97 million, with a ratio of 14.16%.

KUAISHOU-W  Spends HKD89.95M to Repurchase 2.042M Shares

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The Hang Seng Index plunged 293 points to 24,668 at midday, following sharp declines in US equities driven by strong May employment data and rising rate hike expectations. Asian markets broadly retreated, with major tech stocks like Baidu and Meituan falling significantly. Semiconductor and AI-related shares also dropped, tracking overseas weakness. Conversely, robotics stocks such as UBTECH Robotics surged over 8%, while Kingboard-related stocks rallied more than 10%.

- US equities experienced a significant decline on June 5th, as employment data exceeded expectations, triggering rate hike speculations.  
- The Dow Jones Industrial Average fell nearly 700 points, with notable drops in technology and semiconductor stocks.  
- Asian markets followed suit, with declines in major indices, while some individual stocks, particularly in the robotics sector, showed gains amid the downturn.

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Hong Kong-listed major tech shares traded lower, led by Baidu, which fell more than 7%. According to Jin10, Meituan and Kuaishou each declined more than 5%, while JD.com, Alibaba, Tencent Music, and Tencent Holdings also moved down.

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STOCKS | Hong Kong Tech Stocks Slide as Baidu Drops Over 7%

Kuaishou's Kling AI has surpassed 100 million global users and nearly 50,000 enterprise clients, marking a 67% increase from late 2025. The platform completed 26 version updates over the past year. Meanwhile, Kuaishou stockfell 3.799%, with short selling data showing $626.05M in volume and a ratio of 28.54% as of June 5, 2026.

- KUAISHOU-W (01024.HK) has reported a 3.799% decline, with short selling amounting to $626.05 million and a ratio of 28.540%.  
- Kling AI celebrated its second anniversary, achieving over 100 million users, a 67% increase from 2025, and nearly 50,000 enterprise clients, also an increase of 67%.  
- The company has completed 26 version updates in the past year, enhancing its models and product capabilities across four major versions.

KUAISHOU-W Kling AI Global Users Cross 100M; Enterprise Clients Near 50,000

KUAISHOU-W-1.860 (-3.969%) Short selling $626.05M; Ratio 28.540% repurchased 1.065 million shares last Friday (5th) at prices ranging from HKD46.62 to HKD47.38 per share, involving approximately HKD49.98 million.Since the share repurchase mandate was approved, the group has cumulatively repurchased 42.4563 million shares, representing 0.9911% of its issued shares. (ha/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-05 16:25.)

- KUAISHOU-W (01024.HK) experienced a decline of 3.969%, with short selling amounting to $626.05 million and a ratio of 28.540%.  
- The company repurchased 1.065 million shares on June 5, at prices between HKD 46.62 and HKD 47.38, totaling approximately HKD 49.98 million.  
- To date, KUAISHOU-W has repurchased 42.4563 million shares, constituting 0.9911% of its issued shares since the repurchase mandate was approved.

KUAISHOU-W  Bought Back 1.065M Shares Last Fri for HKD49.98M

KUAISHOU-W+0.060 (+0.128%) Short selling $542.74M; Ratio 22.267% repurchased 642,000 shares of the company on the Stock Exchange of Hong Kong yesterday (4th), at prices ranging from HKD46.04 to HKD47.32 per share, involving approximately HKD29.979 million. Since the share repurchase mandate was approved on 19 June 2025, the company has cumulatively repurchased 41.3913 million shares, representing 0.9662% of its share capital. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-04 16:25.)

- KUAISHOU-W (01024.HK) announced the repurchase of 642,000 shares on June 4, 2026, at prices between HKD 46.04 and HKD 47.32, totaling about HKD 29.979 million.  
- Since receiving approval for the share repurchase mandate on June 19, 2025, the company has repurchased a total of 41.3913 million shares, equating to 0.9662% of its share capital.  
- The short selling statistic indicates a total of $542.74M, with a ratio of 22.267%.

KUAISHOU-W Repurchases 642,000 Shares Yesterday for Approx. HKD29.98M

UB#KUASORP2812M(59954.HK)

CMSI: China AI Internet Sector Valuation Still Attractive, Top Picks BABA-W , KNOWLEDGE ATLAS , KUAISHOU-W and JOYY Inc.

KUAISHOU-W Spends HKD49.97M to Repurchase 1.093M Shares

JPM Upgrades KUAISHOU-W to Overweight, Raises TP to HKD71

Top 5 HK Stock Gainers/Losers (>100B) (6.10)

KUAISHOU-W Spends HKD89.95M to Repurchase 2.042M Shares

HSI Plunges 293 pts Midday; BIDU-SW Dives 7%; SMIC Down ~4%; UBTECH ROBOTICS Swells 8% Against Mkt

STOCKS | Hong Kong Tech Stocks Slide as Baidu Drops Over 7%

KUAISHOU-W Kling AI Global Users Cross 100M; Enterprise Clients Near 50,000

KUAISHOU-W Bought Back 1.065M Shares Last Fri for HKD49.98M

KUAISHOU-W Repurchases 642,000 Shares Yesterday for Approx. HKD29.98M