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Kuaishou
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Kuaishou

Kuaishou
Kuaishou
Latest news and updates on Kuaishou. Founded in 2012 as a site to share gifs, Kuaishou is now one of the leading short-video platforms. With almost 300 million daily active users as of January 2020, Kuaishou is trying to turn a profit with livestreaming e-commerce.
GigaAI specialises in embodied intelligent models. Photo: Handout
Artificial intelligence

What are AI ‘world models’ and why is China becoming a top testing ground?

Increasingly, AI systems are expected to predict how environments will respond to actions before they are taken.

Artificial intelligence

Kuaishou shares tumble as Tencent slashes stake after US$3b Kling AI deal

Artificial intelligence

Kuaishou files for US$3 billion Kling AI funding round in Hong Kong

Artificial intelligence

Exclusive | China’s Kling AI nears US$3 billion round at US$18 billion valuation: sources

The Kuaishou Technology spin-off aims to start Hong Kong listing process within a year, as annual recurring revenue soars following latest AI video model release.

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Kling AI is said to be close to completing a US$3 billion fundraising round that would value the company at US$18 billion post-investment. Photo: Shutterstock
Semiconductors

Kuaishou chip spin-off taps funding for in-house designs amid export controls

TranStreams raises an undisclosed amount in a Series A+ financing round this week led by QF Capital.

Artificial intelligence

Alibaba forges Token Foundry as it hammers AI ambitions into shape

Alibaba consolidates key AI teams under CEO Eddie Wu and appoints Qwen leader Zhou Jingren as chief scientist.

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Artificial intelligence

Kuaishou beats estimates as Kling AI video tool’s revenue jumps 300%

AI unit has annual recurring revenue run rate of roughly US$500 million, Kuaishou says.

Kuaishou expects Kling AI revenue to more than double in 2026, its co-founder and CEO Cheng Yixiao said in March. Photo: Shutterstock Images
Artificial intelligence

China behind in LLM race but it can still win in AI, ex-Tencent AI lead says

In the AI era, the problem with being a technological follower is the constant risk of having the rug pulled from under you, Liu says.

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Artificial intelligence

AI | Kuaishou shares soar as Kling AI eyes US$20b valuation in potential spin-off

The Chinese short-video platform’s shares jumped as much as 10 per cent amid US$20 billion valuation of spin-off, Tencent investor talks.

China technology

‘It’s hard to compete’: how China is using AI to churn out 500 dramas per day

In China, micro drama companies are harnessing AI to create shows at jaw-dropping speed and cost – often with the help of lavish subsidies.

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A still from the 2024 Chinese micro drama ‘The Divorced Billionaire Heiress’. China’s micro drama producers are now rapidly integrating AI tools to make production of new shows faster and cheaper. Photo: Handout
Artificial intelligence

Chinese firms face pressure on AI investments as US peers’ spending soars

Largest US companies on track for US$700 billion in AI capital expenditures this year, versus about US$105 billion in China.

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Google and Microsoft both expect 2026 capex to reach about US$190 billion. Photo: AP Photo
Artificial intelligence

Alibaba takes on Seedance as AI rivalry offers glimpse into race for top talent

HappyHorse’s debut on the global stage has put the spotlight on its creator, Zhang Di, who has been away from Alibaba for five years.

Bonds

China’s JD.com returns to dim sum bond market with 10b yuan offering

The e-commerce giant is issuing the yuan-denominated notes in two tranches of 7.5 billion yuan and 2.5 billion yuan.

Artificial intelligence

China’s Kuaishou slumps as analysts flag growth pressure despite strong results

Short-video giant’s core advertising and live-streaming businesses face headwinds while AI investments weigh on margins, analysts say.

The warnings came after Kuaishou reported fourth-quarter revenue of US$5.7 billion. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks retreat on AI worries, China markets rally in Year of the Horse

Tech heavyweights drag Hong Kong stocks lower as investors fret over AI disruption following Wall Street’s decline.

All major benchmarks in the US fell overnight over a pessimistic scenario in which advances in AI would disrupt white-collar employment. Photo: Shutterstock
Artificial intelligence

Zhipu AI’s shares tumble nearly 23% on computing woes, user complaints

The Hong Kong-listed firm is the first Chinese AI developer to issue a public call urging support for its GLM model.

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Hong Kong stock market

Hong Kong stocks gain by most in nearly a month on China export optimism

‘China and Hong Kong are the biggest beneficiaries’ of US court decision on tariffs, Goldman Sachs strategists and economists say.

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Artificial intelligence

Humanoids go mainstream as China’s robotics champions appear at CCTV spectacle

ByteDance, Unitree, RedNote, Bilibili and Kuaishou among the firms involved in the unparalleled nationwide marketing opportunity.

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Bot the star of the show: a dancing robot delights during China Central Television’s Spring Festival Photo: CCTV
Bonds

Yuan rally puts fresh steam into Hong Kong’s dim sum bond revival

Issuance could approach US$140 billion as a firmer renminbi, low funding costs and policy support boost demand for offshore notes.

Artificial intelligence

ByteDance’s new model sparks stock rally as China’s AI video battle escalates

Seedance 2.0 thrills early adopters with cinematic realism and fuels debate over AI’s role in filmmaking and content creation.

China’s private sector

China’s Kuaishou slapped with US$17 million fine after explicit content probe

The fine comes days after a separate e-commerce penalty, adding pressure on China’s No 2 short-video platform to tighten controls.

Beijing’s Cyberspace Administration launched an investigation following reports of a surge in pornographic streams Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks drop as mainland tech firms, metals and crypto slide

Hang Seng Index follows US declines as AI worries and falling prices for gold, silver and cryptocurrency rattle investors.

A view of Exchange Square, home of bourse operator Hong Kong Exchanges and Clearing, on December 30, 2025. Photo: Sun Yeung
Hong Kong stock market

Hong Kong stocks eke out gain as mainland investors overpower tech jitters

Southbound Stock Connect inflows provide late-session support, helping the benchmark reverse earlier losses.

Hong Kong stock market

Hong Kong stocks gain as tax worries abate, solar sector rallies on Musk plans

‘Broader VAT hikes on private services are unlikely in 2026 and would run counter to reflation efforts,’ Morgan Stanley says.

E-commerce

China slaps US$3.7 million fine on Kuaishou for live-streaming e-commerce breach

The penalty reflects a broader regulatory crackdown on content and operations deemed undesirable or harmful on Chinese online platforms.

Chinese regulators are tightening oversight on live-streaming e-commerce platform operators such as Kuaishou Technology. Photo: Shutterstock
Hong Kong stock market

Hong Kong stocks end 7-day rally as investors resort to profit-taking

Despite the setback, the Hang Seng Index is set for its best monthly performance since September 2025.

Exchange Square in Central is the home of Hong Kong’s bourse operator Hong Kong Exchanges and Clearing. Photo: Nathan Tsui
Artificial intelligence

How China’s AI video generator Kling challenges Google’s Veo, OpenAI’s Sora

With Kuaishou’s tool headed for US$240 million in annual revenue, the firm is one of the world’s most undervalued AI stocks, JPMorgan says.

Bonds

Hong Kong dollar and yuan bonds forecast to sustain record growth in 2026

Issuers and investors flock to Hong Kong dollar and yuan bonds, backed by deep liquidity and diverse yield curves.

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