HSBC: Reaffirms Kwai-chi - W (01024) as the industry's top choice. Target price of 71 Hong Kong dollars. Rated "Buy".

Zhtng cijng APP hu x, m gn dtng fb ynbo chng, chngshn kuishu-W (01024) wi q y nid shm yl hngy de shuxun, lio kuishu de gji zi wili 6 g yu jing hu bi chngg, jy gunggo yw jis j k lng AI binxin nngl shngshng; xin y mbioji 71 gngyun (xingdng y yc mng nin sh pngl 12 bi) j "zngch" pngj. According to the Zhtng cijng APP, Morgan Stanley released a research report stating that they reiterate their preference for Kuaishou-W (01024) as the top choice in the digital entertainment industry in mainland China. They predict that Kuaishou's stock price will be reevaluated in the next 6 months, based on the acceleration of their advertising business and the increasing monetization capabilities of their AI technology. They have set a target price of 71 Hong Kong dollars (equivalent to a forecasted P/E ratio of 12 times next year) and a "buy" rating.