Kuaishou-W (01024.HK) spent 0.13 billion Hong Kong dollars to repurchase 2.87 million shares on November 22.

Guangdong Exchange reported on November 22 that Kuaishou-W (01024.HK) announced that on November 22, it spent 0.13 billion Hong Kong dollars to repurchase 2.87 million shares.

Gelonghui Finance05:50 ET

Kuaishou (01024) has been included in the hang seng index components, effective December 9.

Hang Seng Index Limited has released the quarterly review results of the Hang Seng Index series as of September 30, 2024, and Kuaishou-W (01024) has been officially included as a constituent stock of the Hang Seng Index.

Zhitong Finance05:32 ET

Express News | China's Public Security Authority Imposes Administrative Penalty on Kuaishou for 'failing to Implement Youth Mode', Leading to Spread of 'harmful Content' and Violations of Cybersecurity Law - Govt

Reuters05:12 ET

[Brokerage Focus] Soochow Securities maintains a "buy" rating on Kuaishou-W (01024), stating that its performance meets expectations.

King Wu Financial News | soochow Securities Research Institute stated that the revenue of Kuaishou-W (01024) in 24Q3 was 31.13 billion yuan, yoy +11.4%, in line with expectations. The adjusted net income was 3.948 billion yuan, yoy +24.4%, in line with expectations. The adjusted net profit margin was 12.7%, yoy +1.3pct, in line with expectations. The bank pointed out that in Q3, the company continued to deepen the integration and application of large models in content generation, content understanding, and recommendation: marketing customer AIGC's marketing materials consumed over 20 million yuan daily; Leling AI has generated over 5

Jinwu Financial News02:43 ET

[Brokerage Focus] HSBC Research cuts Kuaishou (01024) target price by 9.3%, citing increased sales and marketing efforts to restrict revenue growth in the near term.

King's Finance News | According to HSBC Global Research's research report, Kuaishou (01024) third quarter revenue and net income both meet expectations, but it continues to provide more free traffic for small and medium-sized business owners to drive long-term growth, which may limit the growth of fees and e-commerce advertising revenue in the near term. In the third quarter of 2024, Kuaishou's daily consumption on AIGC advertising materials exceeded 20 million yuan, and the use of automatic delivery tools also benefits Kuaishou's advertising growth. The bank has considered that AI has the potential to increase the usage time of each DAU and will create new revenue streams for Kuaishou. Despite considering

Jingu Financial News.00:50 ET

Kuaishou May Need New Growth Engine as E-Commerce Business Slows -- Market Talk

WSJ23:32 ET