AI GrowthAI to unlock next leg of growth as China’s second-largest short-video platform with >700mn monthly active users, Kuaishou Technology differentiates itself through decentralised distribution and a sticky, community-driven ecosystem.
Earnings GrowthWe forecast adj. earnings to grow by 16%/20%/18% in FY25F/26F/27F, reflecting higher-than-industry growth in advertising and e-commerce.
Market PotentialKling AI’s bull-case addressable market of ~USD 60bn positions it as a potential second growth curve for Kuaishou.