Lincoln Kong, CFA +852-2978-6603 | lincoln.kong@gs.com Goldman Sachs (Asia) L.L.C. 6 January 2026 | 12:51PM HKT Equity Research Kuaishou Technology (1024.HK): Kling new model gaining momentum, potential upside to FY26 revenue and valuation; Buy On Jan 5th 2026, Kuaishou share price surged +11% (vs. HSI flat), likely fueled by the Kling AI strong user and grossing momentum in recent weeks, and the positive sentiment and valuation towards AI applications/video generation tools, in our view. We see Kling's mod ...