智通财经网·2025-08-22 08:17Core Viewpoint - Macquarie's report indicates that Kuaishou-W (01024) has shown strong performance in Q2, with accelerated growth in advertising business and sustained momentum in Keling AI, which is expected to enhance advertising conversion rates through updates in AIGC marketing material solutions and a healthy user ecosystem [1] Group 1: Financial Performance - Kuaishou's Q2 revenue from Keling AI exceeded 250 million RMB, with the launch of the Keling 2.1 model series in May, which is believed to further solidify Kuaishou's leadership in the video large model sector [1] - Macquarie has raised Kuaishou's target price by 7% to HKD 80.7, anticipating that Kuaishou's domestic advertising business will continue to outperform peers, with online marketing service revenue expected to grow by 14% year-on-year in the second half of the year [1] Group 2: Earnings Forecast - Adjusted earnings per share forecasts for the next two years have been increased by 5% and 3% respectively, reflecting positive performance and strong prospects for the advertising business [1]