Adobe

Kling AI has selected China International Capital Corporation Limited (CICC), Goldman Sachs and UBS for a Hong Kong IPO that could happen as early as 2027 and is targeting at least $1 billion (RMB 7 billion), according to an October 6 report. Kling AI revenue exceeded $121 million (RMB 850 million) in Q2 2026, up more than 200% year over year, while Kuaishou Technology group revenue rose 1.4% to $5.08 billion (RMB 35.535 billion). After a July 2026 capital increase, Kuaishou Technology entities hold about 68% of the restructured Kling AI and majority voting rights; Kling AI models are integrated into Adobe Firefly, Runway and other external platforms.