KUAISHOU-高盛：快手科技-Kling AI 收入确认趋势强于预期，进入第二季度；买入评级

6 June 2025 | 1:41PM HKT Key highlights: Kling 2.1 offer more price affordability: Kuaishou recently launched its Kling 2.1 version with a much lower price vs. 2.0 master, at per video cost of US $0.27-0.47 or 60-80% lower vs. 2.0 version. This will put Kling's product at more competitive position, we note global leading peers such as Google's VEO 3 is now offering the service at a bundle plan ($ 250/month) with limited number of video generation per day. Further Kling monetization upside on expanding use cas ...