BOC International has released a research report projecting that KUAISHOU-W (01024) will report fourth-quarter results in line with market expectations, with total revenue expected to increase by 10% year-over-year and adjusted net profit reaching RMB 5.4 billion. The firm has upgraded its rating on the company to "Buy" and raised its target price from HK$66 to HK$80. The report indicates that although KUAISHOU-W faces short-term pressure from intense competition in its core business and stricter tax scrutiny, the company's focused strategy—supported by its AI capabilities, including Kling AI, and deep integration with its core content and commercial ecosystems—is expected to unlock long-term commercial potential. Kling AI is anticipated to further strengthen its global competitive advantage through enhanced model capabilities, extensive customization features, a user-friendly interface, a competitive and monetization-focused tiered pricing strategy, cost efficiency, and localized operations and channel expansion across global markets.