Morgan Stanley Sets HK$65 Price Target and 'Overweight' Rating on Kuaishou-W, Values Kling AI at US$18 Billion Post-Split

Stock News

6小時前

Morgan Stanley has issued a research report assigning a target price of HK$65 and an 'Overweight' rating to Kuaishou-W (HKEX: 01024).

The company has announced the spin-off of its artificial intelligence video generation large language model, "Kling AI". The pre-transaction valuation for Kling is US$15 billion.

Kling aims to raise up to US$3 billion from 15 external investors, including Tencent Holdings Ltd (HKEX: 00700), Alibaba Group Holding Ltd (HKEX: 09988), and Baidu Group Inc (HKEX: 09888).

The post-transaction valuation is estimated at US$18 billion, which the firm believes exceeds current market expectations for Kuaishou.

Kling will allocate 15% of its equity to incentivize core talent, with 7% designated for grants and 8% reserved for future strategic development.

The CEO of Kling will possess super-voting rights. Following the transaction's completion, Kuaishou's ownership stake in Kling will decrease from 100% to 68.3%.

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Following the transaction's completion, Kuaishou's ownership stake in Kling will decrease from 100% to 68.3%.<br><br></p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0593848301.USD","symbol_name":"未來資產亞洲卓越消費股票基金A","start_time":0,"source_url":"","article_id":"1186867707","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1186867707","pubTimestamp":1783060442,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Morgan Stanley has issued a research report assigning a target price of HK$65 and an 'Overweight' rating to Kuaishou-W (HKEX: 01024).The company has announced the spin-off of its artificial...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"81024":"快手-WR","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU0588546209.SGD":"Eastspring Investments - China Equity Fund AS SGD","BK1575":"同股不同权","LU1188198961.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) INC QV","BK1615":"港股-互联网","LU0244354667.USD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" ACC","LU0359201612.USD":"贝莱德中国基金A2","BK1591":"就地过年概念","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU0051755006.USD":"摩根大通中国A (dist)","LU1720050803.USD":"安联全方位中国股票基金","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK1590":"短视频概念股","LU0210526637.USD":"JPM CHINA \"A\" (USD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0326950275.SGD":"Schroder ISF China Opportunities A Acc SGD-H","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU1719994722.HKD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (HKD) ACC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC","LU1770034418.SGD":"ALL CHINA EQUITY \"A\" (SGDHDG) ACC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","LU1794554557.SGD":"Allianz All China Equity AT Acc H2-SGD","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","BK1095":"互动媒体与服务","LU0463099449.HKD":"SCHRODER ISF CHINA OPPORTUNITIES \"A\" (HKD) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","LU0327786744.USD":"Janus Henderson Horizon China Opportunities A2 USD","LU0359201885.HKD":"BGF CHINA \"A2\" (HKD) ACC","LU0211977185.USD":"EASTSPRING INVESTMENTS GREATER CHINA EQUITY \"A\" ACC","01024":"快手-W","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","LU0140636845.USD":"施罗德大中华区股票A Acc","BK1610":"ETF&股票定投概念","LU0307460666.USD":"EASTSPRING INVESTMENTS CHINA EQUITY \"A\" ACC","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK1608":"元宇宙概念"},"translate_title":"大摩对快手-W设定65港元目标价和“跑赢大盘”评级，分拆后克林AI估值为180亿美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"81024":1,"01024":1},"content_text":"Morgan Stanley has issued a research report assigning a target price of HK$65 and an 'Overweight' rating to Kuaishou-W (HKEX: 01024).The company has announced the spin-off of its artificial intelligence video generation large language model, \"Kling AI\". The pre-transaction valuation for Kling is US$15 billion.Kling aims to raise up to US$3 billion from 15 external investors, including Tencent Holdings Ltd (HKEX: 00700), Alibaba Group Holding Ltd (HKEX: 09988), and Baidu Group Inc (HKEX: 09888).The post-transaction valuation is estimated at US$18 billion, which the firm believes exceeds current market expectations for Kuaishou.Kling will allocate 15% of its equity to incentivize core talent, with 7% designated for grants and 8% reserved for future strategic development.The CEO of Kling will possess super-voting rights. 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