Kuaishou Technology Ordinary Shares - Class B
01024: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $@M | LOCK|Tp! | LOCK|$ds<Ypz |
Kuaishou: Kling AI's Capital Raise Offloads Compute Bill; Core Business Still the Undervalued Story
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.
