# Kuaishou Technology’s shares jumped as much as 10 per cent on Tuesday morning.

*business · news · 2026-05-12 · South China Morning Post*

## Key points

- Kuaishou plans to spin off its Kling AI video generation service as a separate entity.
- Kuaishou is seeking to raise $2 billion for Kling at a $20 billion valuation.
- Tencent Holdings is among the potential investors Kuaishou is engaging for Kling's funding.
- Kling's annualised revenue run rate has doubled to $500 million since before Chinese New Year.

**Companies:** Kuaishou Technology, Tencent Holdings
**Countries:** China

[Read the full story on South China Morning Post](https://www.scmp.com/tech/article/3353214/kuaishou-stock-surges-reports-kling-ai-unit-spin)

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