Zhi Tong Cai Jing·2025-09-25 03:41Core Viewpoint - Kuaishou-W (01024) has seen a rise of over 3%, currently trading at HKD 79.2 with a transaction volume of HKD 1.63 billion, driven by the upgrade of its AI model, Keling 2.5 Turbo, which enhances video generation capabilities [1] Group 1: Company Developments - The newly upgraded Keling 2.5 Turbo model generates a 5-second video in high-quality mode (1080p) for only 25 inspiration points, which is nearly 30% cheaper compared to the previous 2.1 model at the same quality level [1] - Goldman Sachs anticipates that the new AI model will lead to sustained increases in user engagement for Kuaishou [1] Group 2: Market Outlook - UBS maintains an optimistic outlook on Kuaishou, citing growth potential at reasonable valuations, with projected price-to-earnings ratios of 15x and 12x for the next two years, and an expected compound annual growth rate of 20% in earnings per share from fiscal years 2024 to 2026 [1] - The upward potential of video generation AI and relatively low investor holdings are also highlighted as positive factors for Kuaishou's future performance [1]