[Kuaishou's Keling AI Reportedly Selects Banks to Prepare for Hong Kong IPO, Aiming to Raise at Least $1 Billion] According to a report by Jinse Finance on October 6, sources revealed that Keling AI, a subsidiary of Kuaishou Technology, has selected banks to prepare for its initial public offering (IPO) in Hong Kong. This listing could potentially raise at least $1 billion. Sources stated that the AI-powered video generation service provider is collaborating with China International Capital Corporation (CICC), Goldman Sachs, and UBS to advance the potential stock issuance, targeting a listing as early as next year. The sources also noted that discussions are still ongoing, and details such as the fundraising amount and listing timeline may be subject to change.