0517 GMT - Kuaishou Technology's near-term outlook is likely to be supported by its AI business, Citi analysts say in a research note. Despite increasing competition for its video-generation model Kling and a slight slowdown in top-line growth ahead, Kuaishou's core business remains largely stable, and Kling still provides a meaningful AI angle for the stock, they note. Kuaishou hasn't spent much on marketing for Kling previously and may gradually increase investment to explore monetization opportunities, Citi says, citing company's comments. Citi maintains a buy rating on the stock, citing its undemanding valuation, and has a target price of HK$88.00. The shares last traded at HK$68.15. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
November 28, 2025 00:17 ET (05:17 GMT)
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