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<Research>CLSA Expects KUAISHOU-W (01024.HK) 3Q Total Rev./ Adj. NP to Hike by 13%/ 23% YoY
Recommend 14 Positive 31 Negative 6 |
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CLSA released a research report expecting that KUAISHOU-W (01024.HK)'s e-commerce growth will be solid, with higher Kling AI revenue in 3Q25. The Company's total revenue/ adjusted net profit are estimated to increase by 13%/ 23% YoY to RMB35 billion/ RMB4.9 billion. The broker anticipated KUAISHOU-W's e-commerce to maintain an YoY growth rate of about 15%, with Kling AI revenue reaching approx. RMB400 million. Profits from its China operations are projected to rise by about 40% YoY to RMB5 billion, which will offset slight losses in overseas operations. Therefore, CLSA reiterated rating at Outperform for the Company, and kept its target price at $83. AASTOCKS Financial News Website: www.aastocks.com |
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