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KUAISHOU-W's Kling AI Pursues First Post-Spin-off Funding at Pre-money Valuation of USD18B: Report
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KUAISHOU-W (01024.HK)'s video generation business Kling AI is conducting its first round of financing since the spin-off, with a pre-money valuation of USD18 billion, sources divulged. The fundraising is a pre-IPO financing round for Kling AI.

Kling AI purportedly plans to submit its Hong Kong listing application in early next year.

KUAISHOU-W last quoted at HKD46.88, down 4.29%, with a turnover of 43.0842 million shares, involving HKD2.025 billion.
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