0829 GMT - Kuaishou Technology's 4Q earnings met expectations, with investors interested in its artificial intelligence initiative, Morningstar senior equity analyst Ivan Su writes in a note. Its 4Q revenue grew 9% on-year, supported by a 13% increase in advertising revenue, Su says. Kuaishou's AI initiative, led by Kling, a large video generation model, has attracted investors' attention. Since its monetization in the 4Q through February, Kling has already generated CNY100 million in revenue, Su says. Morningstar maintains its HK$70 per share fair value estimate for no-moat Kuaishou, viewing its shares as undervalued, the analyst adds. Shares last at HK$56.60. (jiahui.huang@wsj.com; @ivy_jiahuihuang)
(END) Dow Jones Newswires
March 27, 2025 04:30 ET (08:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。