Kuaishou's Kling AI is raising funds: pre-investment valuation of $18 billion, plans to go public in Hong Kong in 2027

Odaily reported that according to sources, Kling AI, the video generation business under Kuaishou (01024.HK), is conducting its first round of financing since the spin-off, with a pre-investment valuation of $18 billion. This is also Kling AI's Pre-IPO round. It is understood that Kling AI is currently advancing related work internally with the goal of submitting a Hong Kong IPO listing application by early 2027. (IPO早知道)