$KUAISHOU-W (01024.HK)$In the early trading session, the Hong Kong stock market briefly rose over 4%, currently up 3.51% at 45.65 HKD, with a turnover of 2.05 billion HKD.

On the news front, KUAISHOU-W's Keling AI recently officially launched the 'Multi-Image Reference' mode globally, an innovative feature that further solidifies KUAISHOU-W's leading position in the AI video generation field. Previously, Keling AI had already launched the 'Facial Model' feature globally, allowing users to train and customize facial models by uploading multiple video segments and continue generating video content based on the facial model. CICC believes that AI Agent may become the focal point of competition, as compared to the model side, Chinese Internet Plus-Related companies have stronger competitiveness on the application side.
UBS Group previously pointed out that looking ahead to this year, the company believes it can maintain its growth momentum in market share within the e-commerce sector and expects to benefit from the appliance replacement subsidy measures in the first half of this year. In addition, the firm indicated that KUAISHOU-W's investments in AI have made significant progress, especially in video generation capabilities, with Keling's large model already leading globally, and management plans to increase investments in AI this year to enhance operation efficiency and capture future business opportunities. Management revealed that Keling's large model plans to accelerate monetization targeting enterprises (To B) and consumers (To C) this year and is expected to bring considerable revenue contributions.
Editor/rice