2024 Kuaishou (01024) E-commerce Gravity Conference: Rapid growth in global operations Kuaishou e-commerce accounted for more than 20% of the GMV in the first quarter
In Q1 of 2024, GMV accounted for more than 20% of Kuaishou e-commerce shelves, GMV for short videos increased nearly 100% year over year, and e-commerce search PV increased 120% year over year.
Kuaishou-W (01024.HK) spent HK$550,000 to buy back 9,900 shares on May 13
Gelonghui, May 13 | Kuaishou-W (01024.HK) announced that it spent HK$550,000 to buy back 9,900 shares on May 13.
Illustration丨Southbound's net purchase of Hong Kong stocks at 8.8 billion dollars, bucked the trend and reduced positions of Tencent, Meituan, and Kuaishou
Nanxia Capital made net purchases of HK$8.807 billion in Hong Kong stocks today, including net purchases of Yingfu Fund at $2,864 million, ICBC at $451 million, China Shenhua at $109 million; net sales of Tencent at $480 million, Meituan at $238 million, Kuaishou at $241 million, CNOOC at $186 million, and Pharmaceutical Biotech at $155 million. According to statistics, Southbound has reduced CNOOC's holdings for 7 consecutive days, totaling 1,880.5 billion yuan; Kuaishou reduced its positions for 6 consecutive days, totaling HK$1,657.26 billion.
Market Chatter: Kuaishou Looking to Expand to Middle East, Brazil, Southeast Asia
Kuaishou Technology (HKG:1024) is looking to expand to new markets and tap into opportunities in the Middle East and North Africa, Brazil, and Southeast Asia, the South China Morning Post reported Friday
Lyon: Maintaining the Kuaishou-W (01024) “Buy” rating target price of HK$83
The Zhitong Finance App learned that Lyon released a research report stating that it maintains the Kuaishou-W (01024) “buy” rating, and the target price is HK$83. The bank expects that Kuaishou's first quarter results will be steady. Total revenue will increase 15% year over year to RMB 29 billion, and adjusted Ebit will reach RMB 3.6 billion, compared to only RMB 200 million in the same period last year. The e-commerce business remains the main engine of growth, and the bank is expected to maintain strong 29% year-over-year growth, leading to a 40% year-over-year increase in e-commerce advertising and commissions. The report indicates that with the increase in skit ad inventory and the coverage of mini-games and offline advertisers
Kuaishou-W (01024.HK) spent HK$9.993 million to buy back 177,400 shares on May 10
Gelonghui, May 10 | Kuaishou-W (01024.HK) announced that it spent HK$9.993 million to repurchase 177,400 shares on May 10.
Kuaishou-W spent HK$12.135,700 to buy back 212,000 shares on May 8
Kuaishou-W (01024) announced that on May 8, 2024, the company spent HK$12.135,700 to repurchase 212,000 shares at a repurchase price of HK$56.6-57.8 per share.
Kuaishou-W (01024.HK) spent HK$12.14 million to buy back 212,000 shares on May 8
Gelonghui, May 8 | Kuaishou-W (01024.HK) announced that it spent HK$12.14 million to repurchase 212,000 shares on May 8.
Kuaishou-W (01024) spent HK$12.135,700 to buy back 212,000 shares on May 8
According to the Zhitong Finance App, Kuaishou-W (01024) announced that on May 8, 2024, the company spent HK$12.135,700 to repurchase 212,000 shares at a repurchase price of HK$56.6-57.8 per share.
Kuaishou-W issued 134,000 shares due to exercise of share options
Kuaishou-W (01024) announced that it spent HK$49.499 million to repurchase 844,000 shares on May 7, 2024. On May 7, 2024, 134,000 shares were issued due to the exercise of share options.
Kuaishou-W (01024.HK) spent HK$49.499 million to buy back 844,000 shares on May 7
Gelonghui, May 7 | Kuaishou-W (01024.HK) announced that it spent HK$49.499 million to buy back 844,000 shares on May 7.
Kuaishou (01024) was selected for UBS's most popular Chinese stock list. The cumulative increase in stock prices in January was over 25%
UBS's upgrade to the Chinese market rating to “increase its holdings”, Tencent, Meituan Kuaishou, etc. received the most attention
Hong Kong Stock Focus: After the big rebound, is Hang Seng Technology expensive? How about the upcoming quarterly report?
Morgan Stanley pointed out that the current forward price-earnings ratio of the Hengke Index is 13 times, which is the same as the average for the fourth quarter of 2023, and lower than the peak of 20 times in the first three quarters of 2023 and the first quarter of 2023.
Kuaishou-W (01024.HK): New Berry Appointed as Compliance Advisor
Gelonghui, May 6 | Kuaishou-W (01024.HK) announced that the Company and Huaxing Securities (Hong Kong) Limited (“Huaxing”) have mutually agreed to terminate the compliance advisory agreement previously concluded between the Company and Huaxing on October 6, 2020 and extended by a supplementary letter dated March 28, 2023 for commercial reasons, effective May 6, 2024. New Berry Finance Limited (“New Berry”) has been appointed as the Company's new compliance advisor in accordance with sections 3A.27 and 8A.33 of the Listing Rules, effective from May 6, 2024, for a term of office until established between the Company and New Berry
[Special V] Deng Shengxing: Mainland data released this week, the market is still optimistic after the Hang Seng Index
Jinwu Financial News | The Hang Seng Index closed at 18,475 points on Friday (3rd), up 268 points, or 1.47%. Full-day transactions amounted to $116.1 billion. The State-owned Enterprises Index rose 110 points, or 1.71%, to 6,547 points; the Technology Index once hit the 4,000 mark, up 4,023 points, and closed up 105 points, or 2.73%, to 3,971 points. Major technology stocks did well, and JD Group rose 5.4%, which was the best performing blue chip; Pharmaceutical Ming Kangde fell 5.3%; Pharmaceutical Biotech fell 4.1%, which were the two worst performing blue chips. The Dow closed at 38,675 points on Friday (3rd), rising
Changes in Hong Kong stocks | Technet stocks strengthened again, the Hang Seng Technology Index rose more than 4% to reach the 4,000 mark, JD Group - SW (09618) rose more than 6%
Technology Network stocks strengthened again in early trading, and the Hang Seng Technology Index rose more than 4% and successfully reached the 4,000 mark. As of press release, JD Group-SW (09618) rose 6.48% to HK$128.2.
Trending Industry Today: WEIMOB INC Leads Gains In Short Videos Media Stocks
May 2nd - The industry of $Short Videos Media(BK1306.HK)$ is trending higher today with 7 constituents up and WEIMOB INC leading Gains.$WEIMOB INC(02013.HK)$ rises 15.1% to HK$1.6 with a turnover of H
Kuaishou-W (01024) cancelled 7.1164 million shares repurchased
Zhitong Finance App News, Kuaishou-W (01024) announced that on April 30, 2024, the company cancelled 7.1164 million repurchased shares.
Kuaishou-W (01024) Mall 618 Shopping Festival launches “spot sale” starting May 20
Recently, Kuaishou-W (01024) e-commerce launched a 618 promotion. Shangda registration began on April 27 and continued until the end of the promotion.
Hengke indicates strong consecutive gains, Kuaishou-W (01024) rose 27.4% on the 5th
The Zhitong Finance App learned that with the release of favorable policies, Southbound Capital has continued to increase its positions in Hong Kong stocks recently. Last week, the Hengke Index rose 13% for 5 consecutive days. On April 26 alone, Kuaishou-W (01024) rose more than 7%, Meituan-W (03690) rose 3.6%, and JD Group-SW (09618) rose 5.7%. Recently, the China Securities Regulatory Commission issued five cooperation measures with Hong Kong, which will help provide incremental capital for the Hong Kong stock market, enhance the medium- to long-term liquidity of Hong Kong stocks, and enhance the attractiveness of financing. Under this influence, Southbound Capital continued to increase its positions in Hong Kong stocks, boosting positive market sentiment. April 26, South
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