Kuaishou Technology will pay a special dividend of HK$2 billion (US$256 million), its first since listing in Hong Kong in 2021.

The Beijing-based firm operates China’s second-largest short video app.

The dividend, set at HK$0.46 (US$0.060) per share, will be distributed on October 6, 2025.

Kuaishou posted Q2 revenue of 35 billion yuan (US$4.9 billion), up 13.1% year-on-year, with net profit rising to 4.9 billion yuan (US$682.4 million) from 4 billion yuan (US$557 million) a year earlier.

First-half revenue increased 12% year-on-year to 67.7 billion yuan (US$9.4 billion), while profit reached 8.9 billion yuan (US$1.2 billion).

The company credited AI tools for boosting performance.

Kuaishou’s shares closed down 0.21% at HK$71.75 (US$9.18) before the earnings release, but are up nearly 80% in 2025, still below their 2021 peak.

🔗 Source: South China Morning Post

🧠 Food for thought

1️⃣ AI monetization can accelerate rapidly once product-market fit is achieved

Kuaishou’s Kling AI tool demonstrates how quickly artificial intelligence products can scale once they gain traction in the market.

The platform generated RMB 150 million from Kling AI in Q1 2025, then jumped to RMB 250 million in Q2, a 67% quarter-over-quarter increase23.

This rapid acceleration suggests that AI tools, unlike traditional software products, can experience significant adoption once users recognize their value proposition.

For Kuaishou, this AI revenue now represents a meaningful portion of their business growth, contributing to their 13.1% overall revenue increase in Q23.

2️⃣ Special dividend timing often signals management confidence in sustainable cash generation

Kuaishou’s decision to declare its first dividend since going public in 2021 comes at a strategically significant moment for the company.

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