CICC: Maintains "Outperform" rating on Kuaishou-W, with a target price of HK$80.

CICC released a research report stating that it maintains a "Outperform" rating on Kuaishou-W with profit forecasts. The current stock price corresponds to a 15/12 times 25/26 year Non-IFRS P/E ratio. The target price is maintained at HK$80, with a 10% upside potential. Kuaishou held the "Ke Ling AI Ecological Forum" at the WAIC conference on the afternoon of July 27, discussing how Ke Ling AI can empower the film and television industry, the creative field, e-commerce, and the progress of applications in the gaming industry.