智通财经网·2025-08-19 02:41Group 1 - Citic Securities raised the target price for Kuaishou-W (01024) by 23.9%, from HKD 67 to HKD 83, while maintaining an "Outperform" rating [1] - The company is expected to achieve steady growth in Q2 2025, with online marketing revenue and adjusted EBIT projected to increase by 12% and 15% year-on-year, reaching RMB 19.7 billion and RMB 5 billion respectively [1] - The growth in Gross Merchandise Volume (GMV) is anticipated to be 13.5% annually, driven by the expansion of shelf e-commerce and benefits from trade-in programs [1] Group 2 - The revenue growth rate of Kuaishou's AI product, Keling AI, is expected to exceed expectations, reaching RMB 300 million in Q2 2025 [1] - Keling AI attracts global professional users by offering high-quality AI video at competitive prices, positioning itself as a new growth point for revenue [1] - The target price adjustment is attributed to the launch of Keling AI and a slowdown in e-commerce growth [1]