Kuaishou's Kling AI Picks Banks for Hong Kong IPO That Could Raise at Least $1 Billion

Kuaishou Technology's Kling AI has selected banks for a planned Hong Kong initial public offering that could raise at least $1 billion, according to people familiar with the matter. The move would put one of China's most closely watched AI video-generation businesses on a public-market track after months of restructuring and outside financing.