Kuaishou Technology Ordinary Shares - Class B

01024: XHKG (HKG)

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Kuaishou: Kling AI's Capital Raise Offloads Compute Bill; Core Business Still the Undervalued Story

Ivan Su

Jul 3, 2026

Kuaishou raised about CNY 19 billion (USD 2.8 billion) for Kling, a video generation model, from 36 investors at a USD 15 billion valuation, diluting its stake to 68% but letting it continue consolidating the unit. The valuation is below the USD 20 billion reported by The Wall Street Journal in May.

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Kuaishou Technology Ordinary Shares - Class B

Kuaishou: Kling AI's Capital Raise Offloads Compute Bill; Core Business Still the Undervalued Story

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