The latest Market Talks covering Technology, Media and Telecom. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0808 GMT – Kuaishou Technology is set to benefit from its video-generation business, Jefferies analysts say in a research note. “We see the release of [OpenAI’s video generation model] Sora 2 attracting industry attention on its strong video generation capabilities,” they say. The Chinese short-video company has a video-generation model called Kling, which is a bright spot for the company. Video generation is a huge market, the analysts add. Jefferies keeps a buy rating on Kuaishou and raises its target price to HK$106.00 from HK$94.00. Shares are 8.6% higher at HK$91.65.