Kling Frenzy Lifts Kuaishou; Moutai Rallies on a Flurry of Moves | Daily News Recap

0105 ｜Dolphin Research Focus

🐬 Macro/Industry

1. The US move over the weekend to detain Venezuela's President Nicolás Maduro rattled global markets.Washington tightened its oil blockade, pushing the country's crude exports toward zero, with over 17 mn barrels stranded offshore, and Venezuela began shutting in fields.Markets swung after the open as Intl oil prices whipsawed, while gold rallied on haven demand. The episode underscores the disruptive reach of US unilateral actions across diplomacy and energy, and we will watch sanctions policy, OPEC+ supply management, and global supply-demand shifts.

🐬 Single Stocks

1.$KUAISHOU-W(01024.HK)

Kuaishou jumped over 11% today, driven by strong traction for its AI product 'Kling' and steady core-biz expectations.Kling's recent v2.6 upgrade (adding image motion control and audio-video co-rendering), plus an overseas 'Dance King' challenge that took Motion Control viral, and continued updates and promos after its 'All-round Inspiration Week', accelerated Kling AI in-app revenue. Per Sensor Tower, Jan 3 Kling AI single-day revenue reached 2.2x that of Dec 25.AI tech is also lifting the core: models such as OneRec increased app time and added a 4–5% positive contribution to ad revenue, with live streaming and e-commerce trending steadily higher. Growing recognition of its investment case supported the rally.

2.$Moutai(600519.SH)

Kweichow Moutai rose over 3% on multiple tailwinds.Since 2026, Feitian Moutai has been sold on 'iMaotai' at the RMB 1,499 guide price, drawing phenomenal buzz and even pushing iMaotai to the top of the iOS Shopping free chart. In addition, the company repurchased approx. RMB 120 mn of shares on Dec 31, and the controlling shareholder earlier added RMB 3 bn, with the buyback-plus-increase signaling confidence in long-term value.With expectations for 2026 pro-consumption policies building, the stock gained further support. Also notable, the company recently set up wholly owned Guizhou iMaotai Digital Technology Co., Ltd., moving into IC chip and product sales.

🐬 Top Sectors

A-shares: Multi-line insurance, data processing & outsourcing, medical devices.

HK: Computer & electronics retailers, healthcare information services, real estate services.

US: Coal & consumable fuels, semiconductor materials & equipment, aluminum.

🐬 Watch Tomorrow

1. US S&P Global Services PMI (final).

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