Favored by investment banks: Kuaishou up 5%

The share price of $KUAISHOU-W (01024.HK)$ rose rapidly, with the current report of HK $71.65, up 5%, and the total market value of HK $307.35 billion.

According to Daiwa Research News, they're optimistic about the company's clear development strategy in the live broadcast e-commerce business. Considering the vigorous development of the business, we raised the revenue forecast from 2022 to 2024 by 5% to 9%, reiterated the "buy" rating, and raised the target price to HK $85 (originally HK $78).

$Short Videos (LIST1306.HK)$ $Quick Hand Concept (LIST0723.SH)$ $Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$ $Daiwa Securities Group (ADR) (DSEEY.US)$

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

20K Views

Comment

Spinee

1934Followers

12Following

13KVisitors