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Kuaishou employees can take 9 consecutive days off for the Spring Festival, with an additional wedding gift in 2025.
Sina Technology News, December 26, noon report: Today, Kuaishou released the '2025 Annual Holiday Notice', allowing a continuous 9-day break during the Spring Festival. Additionally, starting from January 1, 2025, newlywed employees will receive a wedding gift of 500 yuan. According to the notice, the New Year's Day holiday in 2025 will be 1 day long; during the Spring Festival in 2025, all Kuaishou employees can take a 9-day break. From January 28 to February 4 is the statutory holiday, after which employees can choose to enjoy 1 day of Spring Festival special leave either before or after the statutory holiday.
On December 24th, KUAISHOU-W (01024.HK) spent 38.4859 million Hong Kong dollars to repurchase 0.9 million shares.
Gelonghui announced on December 24 that KUAISHOU-W (01024.HK) spent 38.4859 million Hong Kong dollars to repurchase 0.9 million shares on December 24, with a repurchase price of 42.2 to 43.1 Hong Kong dollars per share.
KUAISHOU-W (01024.HK) repurchased 1.1 million shares for 46.57 million HKD on December 23.
Gelonghui reported on December 23 that KUAISHOU-W (01024.HK) announced that on December 23, it spent 46.57 million Hong Kong dollars to repurchase 1.1 million shares.
The "Hundred Models" evaluation results from the Zhiyuan Research Institute: ByteDance ranked first in multiple categories, leading the overall AI performance among major companies.
Sina Technology reported on December 23 that recently, the Zhiyuan Research Institute released a comprehensive evaluation result of over 100 open/closed source language, visual language, text-to-image, and text-to-video large models both domestically and abroad. The evaluation found that in the second half of 2024, the development of large models will focus more on enhancing comprehensive capabilities and practical applications. In several assessment results, ByteDance ranked first in various AI capabilities, while companies like Alibaba and Baidu achieved excellent performances.
[Brokerage Focus] Tianfeng maintains a "Buy" rating on Kuaishou (01024), expecting the company's external circulation advertising to continue strong growth in Q4.
Jingwu Finance | Tianfeng Securities published a research report indicating that Kuaishou (01024) announced its Q3 2024 performance. In Q3 2024, the company achieved revenue of 31.1 billion yuan, a year-on-year increase of 11.4%; the adjusted net income was 3.9 billion yuan, a year-on-year increase of 24.4%, with a gross profit of 16.9 billion yuan, a year-on-year increase of 17%. Sales and marketing expenses increased by 15.9% year-on-year to 10.4 billion yuan, accounting for 33.3% of total revenue, with growth primarily due to increased promotional activity expenses. R&D expenses grew by 4.5% year-on-year to 3.1 billion yuan, accounting for 10% of total revenue, with growth mainly attributed to increased employee benefits expenses.
Announcement Highlights | GTJA has been approved to be the major Shareholder of HAITONG SEC's related Overseas subsidiaries; CATHAY PAC AIR's passenger carried in November increased by about 20% year-on-year.
CATHAY PAC AIR's passenger carried in November increased by approximately 20% year-on-year; Connet Optical plans to issue 53.325 million placement shares at a discount of about 19.98% to Goertek in Hong Kong, raising a net of 0.828 billion Hong Kong dollars.
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