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Is Kuaishou Technology (SEHK:1024) Undervalued After The Kling 4.0 Launch?

Simply Wall St·10/25/2026 17:25:47
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Kuaishou Technology (SEHK:1024) just rolled out Kling 4.0, a new AI video model focused on realism, creator control and production quality, with early uptake including integration into Perfect Corp’s YouCam platform.

The Kling 4.0 launch lands at a time when Kuaishou Technology’s share price has been under pressure, with a 30-day share price return down 8.52% and the year-to-date share price return down 57.89%, while the 1-year total shareholder return has declined 62.14%.

Scan beyond Kuaishou Technology and this Kling 4.0 launch to compare it with other AI-focused players using our hand-picked list of 156 AI small caps.

Kling 4.0 positions Kuaishou Technology as a serious AI content engine, yet the share price has retreated hard this year. Is the business strength already reflected in today’s valuation, or is the market pricing it too cautiously?

Most Popular Narrative: 42% Undervalued

Kuaishou Technology’s most followed narrative points to a fair value around HK$47.82, well above the last close of HK$27.90, putting Kling 4.0 and broader AI efforts under the spotlight.

Rapid growth in Kling AI, with quarterly revenue in the hundreds of millions of renminbi and annual recurring revenue rising from about US$100m to around US$500m within a year, points to a second, partially independent business that can add a separate stream of subscription and usage based revenue alongside Kuaishou Technology’s core platform.

See why 34 investors see Kuaishou Technology as 42% undervalued.

Result: Fair Value of HK$47.82 (UNDERVALUED)

Still, the Kling AI story can be knocked off course if heavy AI CapEx compresses margins or if softer e-commerce marketing and commission revenue lasts longer than expected.

Find out about the key risks to this Kuaishou Technology narrative.

Next Steps

Sentiment on Kuaishou Technology is clearly split, with Kling 4.0 excitement on one side and sharp share price pressure on the other. Move quickly and review both the upside and the risk flags for yourself by weighing the 2 key rewards and 2 important warning signs.

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