On September 30, the stock price of Kuaishou-W (1024.HK) experienced a swift upswing, rocketing by more than 6% to hit HK$83.95, setting a new record high not seen since July 2022. According to a research report issued by DBS Bank, Kuaishou, which ranks as China's second-largest short video platform, commands a monthly active user base exceeding 700 million. With its decentralized content distribution mechanism and a community-centric ecosystem, Kuaishou has carved out a competitive niche in lower-tier cities and in the realm of non-standardized e-commerce sectors, thereby unlocking avenues for structural growth. The company harnesses its proprietary datasets to train AI models, a move aimed at boosting user engagement, diversifying revenue streams, and slashing costs for merchants. DBS Bank has reinstated its coverage of Kuaishou, bestowing it with a 'Buy' recommendation and setting a target price of HK$98.