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).

$Short Videos Media(BK1306.HK)$ $Quick Hand Concept(BK0723.SH)$ $Hang Seng Index(800000.HK)$ $Hang Seng TECH Index(800700.HK)$ $Daiwa Securities Group (ADR)(DSEEY.US)$

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