Kuaishou and Bilibili Stock Performance: KUAISHOU-W saw a significant increase in stock price, opening nearly 5.9% higher and peaking at HKD75.25, while BILIBILI-W also rose by 5.9% to HKD211.4.
Short Selling Activity: KUAISHOU-W experienced short selling of $188.82M with a ratio of 16.418%, and BILIBILI-W had short selling of $90.33M with a higher ratio of 26.722%.
BlueFocus's Market Moves: Kuaishou's AI partner, BLUEFOCUS, resubmitted its prospectus to HKEX and saw its stock price increase by 20% after the resubmission, followed by a further rise of 6.5%.
Market Insights: Analysts suggest that the Hong Kong stock market's rhythm is dependent on liquidity, with a focus on quality stocks, indicating potential for recovery in the HSTECH sector.
Wall Street analysts forecast 01024 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01024 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 01024 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01024 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 75.500
Low
Averages
High
Current: 75.500
Low
Averages
High
JPMorgan
maintain
$89
2026-01-06
New
Reason
JPMorgan
Price Target
$89
2026-01-06
New
maintain
Reason
The analyst rating for KUAISHOU-W (01024.HK) is primarily based on the strong performance driven by the circulation of AI-generated pet dancing videos on social networks, which has positively impacted Kling AI's performance in mobile platforms, particularly in overseas markets. Despite expectations that Kling AI's revenue growth in the first quarter of 2026 may not be as significant due to its reliance on PC platforms, the overall strong performance indicates that AI video generation is a crucial area for the development of generative AI. Additionally, JPMorgan sees substantial upside potential for monetization on both the enterprise and consumer sides. The firm predicts a 20% growth in KUAISHOU-W's earnings for 2026, leading to an "Overweight" rating with a target price of $89.
Shenwan Hongyuan
Shenwan Hongyuan
maintain
2026-01-06
New
Reason
Shenwan Hongyuan
Shenwan Hongyuan
Price Target
2026-01-06
New
maintain
Reason
The analyst rating from Shenwan Hongyuan for KUAISHOU-W (01024.HK) is a "Buy" despite lowering the revenue forecast for 2025-27 due to macroeconomic pressures and changes in the live streaming ecosystem. The firm maintained its profit forecast for 2025 and adjusted the net profit estimates for 2026-27, indicating confidence in the company's future performance and potential for growth, particularly in light of the strong performance of KUAISHOU-W's Kling AI, which reflects significant monetization potential.
Goldman Sachs
Goldman Sachs
maintain
HKD83
2025-12-03
Reason
Goldman Sachs
Goldman Sachs
Price Target
HKD83
2025-12-03
maintain
Reason
Goldman Sachs maintained a "Buy" rating on Kuaishou (01024.HK) due to several key factors. The recent launch of "Kling O1," a unified multimodal creation tool, is expected to drive significant growth, particularly as corporate demand for Kling models has surged, now accounting for about 40% of Kuaishou's revenue. The firm anticipates that the ongoing expansion of Kuaishou's overseas business development team and the acquisition of more corporate clients in various sectors will serve as primary growth drivers over the next 1-2 years. Additionally, Goldman Sachs projects substantial revenue growth for the Kling AI business, forecasting over USD140 million in 2025 and an increase to between USD230-240 million by 2026. The potential for upward revisions in revenue forecasts for the Kling AI business in 4Q25 further supports their positive outlook, leading to a target price of HKD83.
Citi
maintain
$88
2025-12-03
Reason
Citi
Price Target
$88
2025-12-03
maintain
Reason
The analyst rating for KUAISHOU-W (01024.HK) is maintained as "Buy" by Citi due to several reasons:
1. Technological Innovation: The launch of the latest version of the Kling O1 model, which is described as the "world’s first unified multi-modal video model," is expected to significantly enhance user-generated video flexibility and efficiency. This includes improvements such as extending the maximum video length and integrating diverse instructions into a single input box.
2. Strengthening Competitive Position: Citi notes that Kuaishou is continuing to strengthen its Kling technology to maintain its leading position in the market, despite increasing competition in video generation models.
3. Valuation: The broker highlights Kuaishou's low valuation as a positive factor, suggesting that the stock is undervalued relative to its potential.
4. Target Price: Citi has set a target price of HKD88, indicating confidence in the stock's future performance.
Overall, these factors contribute to the positive outlook and the "Buy" rating despite some challenges in the e-commerce sector.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
