KUAISHOU-W Surges Over 7% in Early Stages; 2022 Adj. Loss Narrows Significantly to RMB5.75B
$KUAISHOU-W (01024.HK)$ opened higher by 5.2% today (30th), once peaking at $60.6, a new high in over one month. It last printed at $60.3, up 7.2%, on a volume of 8.56 million shares and turnover of over $510 million.
The company announced that, over the year of 2022, the adjusted net loss narrowed to RMB5.75 billion from that of RMB18.852 billion in the year before. The revenue of the period ballooned 16.2% to RMB94.183 billion.
$Short Videos (BK1306)$ $Hang Seng TECH Index (800700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
The company announced that, over the year of 2022, the adjusted net loss narrowed to RMB5.75 billion from that of RMB18.852 billion in the year before. The revenue of the period ballooned 16.2% to RMB94.183 billion.
$Short Videos (BK1306)$ $Hang Seng TECH Index (800700.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$
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