Kuaishou plans Kling IPO: Kuaishou shares trading at 3.34 euros - ad-hoc-news.de
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Kuaishou is planning an initial public offering in Hong Kong for its AI video division Kling AI with a potential yield of at least 1 billion USD. As Techora reported on 06.10.2026, Kling AI is working with China International Capital Corp, Goldman Sachs, and UBS Group for this purpose. Kuaishou shares are trading at Lang & Schwarz at 3.34 euros on 12.10.2026 at 10:59 AM. On 27.05.2026, Kuaishou reported revenue of 33.7 billion RMB for the first quarter of 2026, an increase of 3.4 percent compared to the same period last year. Adjusted net profit was 3.4 billion RMB, compared to 4.6 billion RMB in the first quarter of 2025, as ET Net reported. On 19.08.2026, Kuaishou published its figures for the second quarter of 2026. Revenue rose by 1.4 percent to 35.5 billion RMB, while adjusted net profit fell by 30.3 percent to 3.9 billion RMB, as Yahoo Finance reported from the earnings call. This was followed on 06.10.2026 by the report on the planned Kling IPO. The unit had completed a funding round of 2.8 billion USD in July 2026 and was valued at approximately 18 billion USD in the process, Techora reports. The IPO could position Kling AI as an independent growth pillar. In the second quarter of 2026, the AI video division generated more than 850 million RMB in revenue, an increase of more than 200 percent compared to the same period last year. At the same time, the group's gross...
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