On June 11, Kuaishou-W rose 3.09% in regular trading, trading at 47.56 HKD/share, with trading volume of HKD 285 million.

On the news front, Kuaishou's AI video generation platform Kling AI celebrated its two-year anniversary with global users surpassing 100 million, representing approximately 67% growth from 60 million at the end of last year, covering 224 countries and regions. Enterprise clients reached nearly 50,000, also up about 67% from 30,000 previously.

On the commercial front, Kling AI generated over RMB 650 million in Q1 revenue, representing year-over-year growth exceeding 300%, with annualized recurring revenue approaching USD 5 billion. The platform has completed 26 iterations over the past year, evolving to the 3.0 Omni model featuring synchronized audio-visual generation capabilities.

Additionally, Kling AI is conducting a Pre-IPO financing round at a pre-money valuation of USD 18 billion, with plans to file for an independent Hong Kong IPO listing in early 2027. The spin-off expectations continue to support market sentiment toward Kuaishou's overall valuation.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)