Ge Long Hui A P P·2025-08-22 09:16Core Viewpoint - Kuaishou's Q2 total revenue increased by 13% year-on-year to 35 billion yuan, with adjusted net profit rising by 20% year-on-year to 5.6 billion yuan, exceeding market expectations by 2% and 11% respectively, driven by strong e-commerce performance and better-than-expected AI monetization progress [1] Group 1 - The company is expected to achieve a 13% year-on-year revenue growth in Q3, primarily supported by robust e-commerce performance and steady growth in online marketing [1] - The profit forecast for the fiscal years 2025-2027 has been slightly raised by 0-1%, reflecting the company's positive advancements in AI [1] - The outlook on Kuaishou's progress and commercialization in AI is optimistic, considering its industry-leading video generation model, strong product capabilities, and diverse application scenarios [1] Group 2 - The target price for Kuaishou has been adjusted from 80 HKD to 84 HKD, maintaining a "Buy" rating [1]