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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.
The logo of Chinese short-video platform Kuaishou on a smartphone screen. Photo: VCG via Getty Images
Artificial intelligence

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

Short video giant’s filing confirms SCMP exclusive; investors include tech heavyweights, state investment vehicles and entertainment firms.

Artificial intelligence

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

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Semiconductors

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

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.

Alibaba is stepping up efforts to align its businesses around a unified AI strategy. Photo: AFP
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.

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.

The logo of Chinese short-video platform Kuaishou is displayed on a smartphone screen in Jinan, Shandong province. Photo: Getty Images
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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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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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.

HappyHorse 1.0 was developed under the newly formed Alibaba Token Hub (ATH) business group. Photo: Handout
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.

S&P Global Ratings has assigned an ‘A-’ long-term rating to JD.com’s notes. Photo: Reuters
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.

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.

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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Zhipu apologised on Saturday after users in China and overseas reported issues with the company’s flagship “GLM coding plan” product. Photo: Shutterstock
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.

US President Donald Trump speaks during a press briefing at the White House on February 20, 2026, following the Supreme Court’s ruling that his tariffs exceeded his authority. Photo: Reuters
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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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.

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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.

A Seedance 2.0 video capture. Seedance 2.0 delivers enhanced lifelike generations that blur the boundary between AI content and reality, according to early adopters. Photo: Handout
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.

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.

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.

Bull statues overlook Exchange Square in Hong Kong on February 3, 2026. Photo: Reuters
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.

People walk near screens displaying stock information at Exchange Square in Hong Kong, home of the city’s bourse operator, on February 3, 2026. Photo: Reuters
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.

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.

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.

Kling’s motion control feature, which easily lets puppies or any characters dance, fuelled viral trends. Photo: Handout
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.

Hong Kong’s local-currency bond issuance volume reached a record HK$613 billion in 2025, up nearly 41 per cent from a year earlier. Photo: Shutterstock
Bonds

China’s Kuaishou to raise US$2 billion from maiden overseas bond sale

Short-video platform to issue US dollar and yuan tranches with coupon rates of up to 4.75 per cent.

Artificial intelligence

Video-generation boom sees China’s Kling AI post US$240 million revenue run rate

Kling AI is widely adopted in the fields of marketing and e-commerce, as well as in films, television and animation, owner Kuaishou says.

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