Changes in Hong Kong stocks | Kuaishou-W (01024) rose more than 4%, Keling AI has completed a capital increase of about 19.8 billion yuan, and delivery agencies are optimistic about model performance iteration and commercialization

The Zhitong Finance App learned that Kuaishou-W (01024) rose more than 4% in the afternoon. As of press release, it had risen 4.07% to HK$27.6, with a turnover of HK$545 million.

According to the news, on October 30, Kuaishou-W issued an announcement stating that its large video generation model, Keling AI, has completed the capital increase settlement and actually received a capital increase of about 19.802 billion yuan, a reduction of about 645 million yuan from the previous financing limit of 20.447 billion yuan. The capital increase process was accompanied by multiple transfers of capital increase rights and obligations. At the same time, the two original capital increase entities terminated the capital increase arrangement due to the inability to make regular payments, and new investors, such as Jindie and Mu Xi, undertook the corresponding investment amounts. The relevant agreement was signed and implemented on the same day.

It is worth mentioning that recently, Keling AI officially launched Kling 4.0 in full. Guosheng Securities believes that Keling currently realizes monetization through user subscriptions and enterprise API services, and production results and usage costs directly affect payment intentions and call scale. Keling 4.0 enhances long lenses, fine control, and local editing capabilities. Flash takes into account generation speed and cost, and is expected to meet the needs of professional production and high-frequency creation respectively, and expand the number of paid users. Furthermore, the 4.0 API for enterprise customers and developers will be opened in the near future, which is expected to further drive the growth of enterprise calls. The bank is optimistic about the performance iteration and commercialization of Keling AI.