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KUAISHOU-W Opens Up by 2.5%+ Post-results; 3Q KLING AI Rev. Tops RMB300M
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KUAISHOU-W (01024.HK) announced yesterday (19th) that its net profit for the third quarter ended September 30 was RMB4.488 billion, up 37.3% YoY. Adjusted non-IFRS net profit hiked by 26.3% to RMB4.986 billion.

Management revealed that its AI development strategy is driving the continued release of value across various businesses. Among them, KLING AI's quarterly revenue topped RMB300 million.

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KUAISHOU-W opened 2.52% higher this morning at HK$65.1, peaking at HK$66.15. It last posted at HK$64.95, up 2.28%, with a turnover of 4.6912 million shares, amounting to HK$307 million.
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