Kuaishou-W (01024.HK) spent 11.96 million Hong Kong dollars to repurchase 0.232 million shares on November 11th.

Gelonghui November 11th Official Announcement: On November 11th, Kwai Shou -W (01024.HK) announced that it will spend 11.96 million Hong Kong dollars to repurchase 0.232 million shares at a repurchase price of 51-52.6 Hong Kong dollars per share.

Gelonghui FinanceNov 11 06:25 ET

Kuaishou Kelin AI has over 3.6 million users. Its core functions include AI video generation and editing.

Sina Technology News On the evening of November 11th, recently, Kuaishou KeLing AI officially launched its independent app, which has been successively listed on the Apple App Store and multiple Android app stores. With the launch of the app, KeLing AI has now formed a multi-platform product matrix including the app, web version (Chinese and English), and mini programs within the Kuaishou platform. According to official data from Kuaishou, KeLing AI currently has over 3.6 million users, generating a total of 37 million videos and over 100 million images. The core function of the KeLing AI app is AI video generation and editing, supporting text-based videos and image-based videos, currently with KeLing.

Sina TechnologyNov 11 05:10 ET

【Brokerage Focus】CICC points out that the 3rd quarter performance of the Internet industry in November may be a key focus for trading.

Jingu Financial Information | CICC stated that after the first phase of revaluation of internet-related industries, the average PE ratio of internet-related industry stocks is currently at 16 times, a slight decrease from the end of September. The second phase of valuation reassessment may need to wait for policy effectiveness to support the fundamental improvement before being driven by long-term fund inflows. Looking ahead to November, the focus may be on 3Q performance. Under the slightly warmer consumer sentiment, some internet companies (such as e-commerce platforms) may guide for incremental investment for growth, but given the high ROI threshold, the industry's competitive landscape may not deteriorate as much as feared. In summary, the current valuation

Jingu Financial NewsNov 8 01:35 ET

Hong Kong stocks surged | The network technology stocks extended their gains in the closing session, uncertainty over the USA election eliminated. Institutions say both sector profitability and liquidity expectations are expected to improve.

Network technology stocks extended gains in the final trading session. As of the time of publication, Meituan-W (03690) rose by 5.65% to 200 Hong Kong dollars; Kuaishou-W (01024) rose by 2.92% to 52.8 Hong Kong dollars; Tencent (00700) rose by 2.05% to 428.4 Hong Kong dollars; Alibaba-W (09988) rose by 1.69% to 96 Hong Kong dollars.

Zhitong FinanceNov 7 02:19 ET

China's market buyback amount exceeded equity financing for the first time this year, with Tencent leading the Hong Kong stock buyback frenzy.

①Why did the repurchase amount in the China market exceed the size of equity financing for the first time? ②What is the reason for Tencent's significant repurchase of its own stocks?

cls.cnNov 4 22:55 ET

Kuaishou-W has surged nearly 5%. The international version of Kwai officially announced the launch of the e-commerce platform Kwai Shop in Brazil.

Kuaishou-W (01024) rose 4.88% in the morning session, now trading at 50.55 Hong Kong dollars, with a turnover of 1.325 billion Hong Kong dollars.

Sina Hong Kong StocksNov 4 21:39 ET