According to Zhitong Finance APP, Kuaishou-W (01024) rose more than 4% in late trading, up 4.03% as of press time to HK$27.84, with turnover of HK$1.094 billion.
On the news front, recently, according to Kuaishou's Kling AI official WeChat account, the Kling 4.0 API service has officially launched, and will gradually open to enterprise customers and developers globally.
It is understood that Kling 4.0 is the latest model released by Kling, with a single native generation lasting up to 30 seconds, supporting long shots and continuous narrative, with directorial thinking engaged throughout the entire process. Currently, Kling 4.0 has been simultaneously launched on iQIYI Nadou Pro, Higgsfield, LibTV, Magnific (Freepik), Meitu Inc., OpenArt, OiiOii, TapNow, Tencent Design Miora, updream, and others.
Guosheng Securities pointed out that Kling's revenue in the first and second quarters of 2026 exceeded RMB 650 million and RMB 850 million respectively, representing year-on-year growth of over 300% and 200% respectively, with combined revenue exceeding RMB 1.5 billion in the first half of the year.
The firm believes that Kling currently monetizes through user subscriptions and enterprise API services, and production quality and usage costs directly affect users' willingness to pay and call volume. Kling 4.0 strengthens long-shot capabilities, fine-grained control, and local editing, while Flash balances generation speed and cost, which is expected to satisfy professional production and high-frequency creation needs respectively, expanding the scale of paying users.
In addition, the API for Kling 4.0 targeting enterprise customers and developers will open in the near future, which is expected to further drive growth in enterprise calls.
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