Morgan Stanley said Kuaishou will launch the long-awaited new Kling 4.0 model in October, and its performance will drive the company's stock price. Analyst Yang Liu and others pointed out in the research report that the main upgrades to the new model include improved image quality, support for multi-modal inputs, and improved video generation consistency. Investment bank Jefferies is more cautious. Analyst Brian Gong and others said in the report that it is necessary to see if this new model can catch up with ByteDance's Seedance 2.0 to 2.5 versions and whether the pricing is more competitive. Kuaishou Hong Kong stocks fell 1.6% for a while on Friday.

Morgan Stanley said Kuaishou will launch the long-awaited new Kling 4.0 model in October, and its performance will drive the company's stock price. Analyst Yang Liu and others pointed out in the research report that the main upgrades to the new model include improved image quality, support for multi-modal inputs, and improved video generation consistency. Investment bank Jefferies is more cautious. Analyst Brian Gong and others said in the report that it is necessary to see if this new model can catch up with ByteDance's Seedance 2.0 to 2.5 versions and whether the pricing is more competitive. Kuaishou Hong Kong stocks fell 1.6% for a while on Friday.